Peter Dutton calls for boycott of Woolworths after Australia Day merchandise dropped
Whirlybird @ Whirlybird @aussie.zone Posts 0Comments 1,262Joined 2 yr. ago
Whirlybird @ Whirlybird @aussie.zone
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Bud Light tanked. It was the number 1 beer in its category up until that decision - a title it had held for 20 years. It isn't now.
Their vice president responsible for it was removed.
They lost marketshare across the board.
Their american sales have not recovered.
Bill Gates threw $100 million at their stock in an effort to get it to go back up. Remember - Bud Light is not their whole company. Bud Light has likely been irrevocably harmed. Other beer brands have gained market share, Bud Light lost the number 1 spot it had held for 20 years. Share price isn't everything when it's a worldwide brand.