Keyword: anheuserbusch
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During conversations with The Guardian, several former workers pointed to “incompetence” in the upper echelons of the company and lamented its decision to pull away from pushing a progressive agenda through its marketing. When Anheuser-Busch InBev, the multinational beer company, promoted Alissa Heinerscheid to vice-president of marketing for Bud Light in July 2022, she became the first female VP in the beer’s 40-year history. “It’s just old white men,” says one former employee of the company leadership. “That’s why we were excited to at least have Alissa in that role.” One former employee told the news outlet that when the...
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Anheuser-Busch heir Billy Busch has offered to buy back the business that bears his family name, if AB InBev offered to sell it. Busch said: “If they don’t want that brand any longer, sell it back to the Busch family. Sell it to me. I’ll be the first in line to buy that brand back from you, and we’ll make that brand great again.”
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Months ago, Anheuser-Busch decided to send some beer to Dylan Mulvaney, an openly trans influencer on TikTok. Now, Anheuser-Busch is several months into a genuine boycott from conservatives who protested the move as some sort of attempt to make Anheuser-Busch woke. Whether you have a problem with corporations going woke or not, though, there are many conservatives who have taken real issues with the company, and it has led to serious financial ramifications for Anheuser-Busch. It's also led some on the right to target specific people within Anheuser-Busch, including Alissa Heinerscheid, the marketing vice president who was reportedly responsible for...
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Target's closing price yesterday was $128.75. It's lowest recent low was $126.99 on June 9th. It hadn't been this low since July 31st 2020 ($125.88). If stock prices drop below $126.99, expect to see a selloff in the downward direction, as stock-chart buyers and sellers are triggered. The same with Anheuser Busch It's most recent low was $53.40 on 5/31/23. It hadn't been that low since 11/9/22 ($52.11) If BUD stocks drop below $53.40, expect to see a selloff downward.
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Kid Rock may have started the anti-Bud-Light campaign, but he certainly has not been the only star to make his feelings known. Most stars have been more subtle than Rock and did not, as he did, choose to shoot up cases of the formerly best-selling beer in the world, but lots of statements have been made. Country-music stars Travis Tritt and John Rich (of Big & Rich fame) have made clear that they won't support the Anheuser-Busch (BUD) - brand anymore. That's been a popular opinion for conservatives who took issue with the brand engaging the transgender social-media influencer Dylan...
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Billy Busch, the heir of Anheuser-Busch, said in an interview that his ancestors would be “rolling over in their graves” over the company’s partnership with “transgender” influencer Dylan Mulvaney. Busch made the remarks in an interview with TMZ host Harvey Levin on Friday. According to Fox2Now, Busch has been on a publicity tour for his new book, Family Reigns: The Extraordinary Rise and Epic Fall of an American Dynasty. During the conversation, Levin asked Busch for his thoughts on Bud Light’s controversy with “transgender” influencer Mulvaney. “I think my family, my ancestors, would be rolling over in their graves. They...
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The embarrassment is real for Bud Light. Several distributors of Anheuser-Busch beer say they have accepted the fact they’ve lost money — and a lot of it — due to consumers boycotting Bud Light. And not just that, but they’ve also given up completely on trying to win back customers who have been negatively affected by the anti-American beer’s Dylan Mulvaney campaign, according to the New York Post. Hiring freezes and layoffs have been going on for four months, while some beer truck drivers have been slammed with hecklers and other harassment while Bud Light’s sales have tanked over 25%....
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Anheuser-Busch InBev laid off hundreds of workers at its U.S. offices after months of slumping sales at Bud Light. The world’s largest brewer, which also sells Stella Artois and Budweiser, on Wednesday said the cuts would affect less than 2% of its roughly 18,000 U.S. workforce. The layoffs won’t impact front-line workers such as brewery and warehouse staff, the company said. “While we never take these decisions lightly, we want to ensure that our organization continues to be set for future long-term success,” Anheuser-Busch Chief Executive Brendan Whitworth said in a written statement. “These corporate structure changes will enable our...
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Sales of Bud Light fell yet again over the Fourth of July holiday period as the Anheuser-Busch brand lost more ground to rivals Modelo Especial, Coors Light and Miller Lite. The latest figures show sales of Bud Light dropping 23.6% in the one-week period ending on July 8 compared to the same period last year, according to Nielsen IQ data provided by Bump Williams Consulting. Meanwhile, Coors Light saw its sales numbers soar 30.2% while Miller Lite’s sales jumped 25.3% during the week ending July 8. Sales of Modelo Especial — which is quickly closing in on Bud Light’s two-decade...
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Seriously, man … how embarrassing can one company get? For over three months since its partnership with transgender influencer Dylan Mulvaney, beer giant Bud Light has been getting rocked with embarrassment on a daily basis. For both Bud Light and its umbrella brand Anheuser-Busch, sales have completely tanked. And speaking of that umbrella, it’s been getting slammed with heavy rain as Anheuser-Busch’s stocks have come down as well. And what’s been A-B’s plan in an attempt to get out of their Mulvaney disaster? To just simply act like nothing ever happened. Instead of just owning up to their stupidity and...
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Anheuser-Busch issued a response to Dylan Mulvaney after the transgender influencer alleged the beer giant never reached out during the backlash over their controversial partnership. In an Instagram post Thursday, Mulvaney, who identifies as female, described a torrent of online "bullying and transphobia" that erupted after Bud Light put Mulvaney's face on a customized beer can. "I was waiting for the brand to reach out to me, but they never did," the TikTok star said. "For a company to hire a trans person and then not publicly stand by them is worse in my opinion than not hiring a trans...
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A recent Toronto Pride event featured a communist transgender flag, nudity and drag queen performances. Bud Light is a sponsor of Toronto Pride.Ex-transgender influencer Oli London shared a video Saturday from The Post Millennial, revealing transgender activists raising a communist transgender flag during Toronto Pride’s “Trans Pride March.”“They are not even trying to hide their ultimate goal anymore…communism,” he tweeted.The pride event, which was sponsored by Bud Light, comes amid the ongoing conservative boycott of the company.Conservatives initiated a successful boycott of Bud Light products in April following the company’s partnership with Dylan Mulvaney, a transgender influencer on social media.According...
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Bud Light is serving as an official sponsor of the Toronto Pride parade, where video footage shows naked men standing around and riding bicycles in clear view of children attending the event. The footage, captured by Beth Baisch of the Post Millennial, shows dozens of attendees riding past a large cheering crowd. The fully naked bikers, some covered in paint or tattoos, wave back at the crowd. One naked man high-fives an onlooker while another peddles a recumbent bike with a gold blow-up swan adorned around his neck. A second video shows a group of naked men with hats standing...
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Modelo Especial overtook Bud Light as the top-selling beer in the U.S. in May as Bud Light sales were crushed by a boycott over the brand’s relationship with transgender influencer Dylan Mulvaney. But who owns Modelo Especial? Many of those supporting the boycott have voiced concerns that the Mexican beer brand might be owned Anheuser-Busch, the company that makes Bud Light and is part of an international conglomerate called AB InvBev. Fortunately for Americans pushing back against Bud Light’s transgender influencer ties, Modelo Especial is not owned by Anheuser-Busch and sales of the Mexican brand here in the U.S. do...
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Target, Anheuser-Busch and Kohls have lost a huge $28.7 billion in market value in the wake of a major backlash over their Pride campaigns and products. Since the beginning of April all three have seen their market value plummet – with only Kohl's now starting to recover. Brewing giant Anheuser-Busch has seen their sales also drop after teaming up with controversial transgender TikTok star Dylan Mulvaney – losing 24.4 percent in the last week of sales. Separately both Kohl's and Target have been caught up in an ongoing backlash after unveiling their Pride collections at the start of May. Kohl's...
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Bud Light’s controversial partnership with transgender influencer Dylan Mulvaney could have been a “strategic” attempt to permanently alter the brand’s audience, according to an anonymous former employee. The popular beer brand came under fire in April after a post from Mulvaney’s Instagram account featured a personalized Bud Light can. The backlash against the brand in response to partnering with the transgender figure led to a massive slump in sales. Though the company’s CEO insisted in a statement that it “never intended to be part of a discussion that divides people,” the ex-Anheuser-Busch worker suggested that the move was intentional. “[Employees]...
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Left-wing nutballs have had the upper hand in America’s culture wars for a long time. They are hyperaggressive and focused on pushing America in a radical direction. They push their agenda on school boards, in local and national political venues, and on many corporations. To date, resistance has been isolated to a small number of dedicated conservative activists. Most Americans just want to get along whenever possible, not fight about sensitive social issues if they can help it and, most of all, not be mean to people. That’s a laudable attitude in general, but when up against radical, ideologically driven...
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An Anheuser-Busch (Bud Light) lobbyist is also a major bundler for Governor Ron DeSantis, POLITICO has revealed.Slater Bayliss, a former Jeb Bush “bundler” was even the third-largest bundler for the DeSantis campaign at one point during his Four Seasons donor meet the day of his campaign launch. Bayliss had raised at least $242,600 for DeSantis.Anheuser-Busch has seen $27bn wiped off its value since its endorsement from transgender influencer Dylan Mulvaney.
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Well, the decision to short Anheuser-Busch InBev SA/NV (BUD) stock recently remains a winner. The stock recently broke through support, and while value buyers seem to be trying to step in here, the controversy surrounding this company has not slowed down. Perhaps memories will be short, and the conservative backlash over their marketing and branding deal with Transgender influencer Dylan Mulvaney may subside later this year. However, it seems like the damage right now is setting up to be permanent. Take a look at the comment sections on the articles covering this controversy. So many have said they are making...
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Woke governance that has sent profits spiraling at companies like Anheuser-Busch and Target often begins with lefty investment firms pressuring them to push products their way, an ex-top Anheuser-Busch exec said. ... Anson Frericks said behind-the-scenes politicking from firms like New York-based BlackRock and Pennsylvania-based Vanguard spur many of the controversial decisions sparking nationwide boycotts from longtime more conservative customers — such as the ill-fated Bud Light promotion with transgender influencer Dylan Mulvaney He said BlackRock, Vanguard, and another firm, State Street, manage about $20 trillion in capital and use their clout to promote agenda politics being pushed on them...
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