This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
This shift in rankings followed a difficult year for Bud Light, which faced a widespread boycott.
Bud Light has returned to its more traditional, sports-related advertising.
Anheuser-Busch’s sales to wholesalers and retailers dipped by more than 15 percent in Q3 owing to lower demand for Bud Light.
Bud Light parent company Anheuser-Busch InBev says it will sell eight craft beer brands to a Canadian cannabis company amid continued fallout from Bud Light’s marketing partnership with transgender influencer Dylan Mulvaney.
The platform said that economic consequences of ‘going woke’ are rarely felt by the wealthy liberals that make the wrong decision, but rather by working class.
The Bud Light controversy hurt Anheuser-Busch InBev’s second-quarter performance in the United States, the world’s largest brewer confirmed in its latest earnings report.
Sen. Amy Klobuchar and other lawmakers raised questions at a Senate hearing Tuesday on the proposed $107B takeover by the world’s largest brewer, AB InBev, of rival SABMiller.
The world’s two biggest beer makers will join forces to create a company that produces almost a third of the world’s beer. But in the U.S., the deal will not bring arch rivals Budweiser and Miller under the same roof.
Budweiser maker Anheuser-Busch InBev announced Wednesday a final agreement to buy SABMiller for $107 billion.
The two biggest beer producers in the world are set to merge after SABMiller accepted Anheuser-Busch InBev’s $104 billion offer.
AB InBev is already the largest beer maker in the world, and it may soon get a lot bigger. But the competing craft brewing industry is growing even bigger.
