Posted on 05/23/2023 5:19:35 PM PDT by DallasBiff
"Shark Tank" investor Kevin O'Leary recently spoke out about the ongoing backlash Anheuser Busch InBev SA (BUD) - Get Free Report has faced since introducing TikTok celebrity Dylan Mulvaney as one of its spokespeople.
O'Leary tweeted about the topic on May 23, saying that Bud Light has become the "poster boy for brand mismanagement."
(Excerpt) Read more at thestreet.com ...
When you’ve lost Mr Wonderful, you are dead to me.
This comment shows just how detached these guys are from the world. When the founder of Chick-fil-A stood up for marriage, people caused his restaurants to run out of food. When the guy from Goya stood up for Trump, people cleaned the shelves of Goya food. We’ve seen non-woke movies make a killing at the box office. Sure you are going to make the perpetually aggrieved angry, but real Americans will clean the shelves of your product. This isn’t really a difficult question.
And you are lukewarm and neither cold nor hot, I am going to vomit you from my mouth.
I wonder if stock holders could sue for failure to do what was best in the shareholder’s interest..
To me Disney is the poster child for tanking brands. To each their own.
I worked at Disney World some 30 years ago, before they went woke insane, it was actually a pretty good place to work.
This was attempted before and the court said businesses are allowed to make decisions that turn out negatively, so shareholders are out of luck. The case involved Disney shareholders, back in the 1980s or 1990s.
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