Bud Light Backlash Persists Despite Marketing Blitz
- Bud Light partnered with transgender influencer Dylan Mulvaney but abandoned her following backlash, resulting in accusations of transphobia and a nationwide boycott.
- Bud Light's sales and stock value have plummeted due to the controversy, leading a former executive to call for the CEO's resignation.
- Bud Light has launched an expensive marketing campaign featuring pro-America messaging and partnering with NFL star Travis Kelce to win back lost customers, but critics argue their efforts are too little too late.
- Rival beer brands like Modelo Especial and Yuengling have benefited from Bud Light's troubles, gaining significant market share.
- The backlash has spread to other Anheuser-Busch brands and led to job losses as plants reduce production due to declining sales.