Be sure to Click LIKE at the bottom of this article, and share it everywhere!! By Craig Andresen – The National Patriot and Right Side Patriots – Commentary
The Hongkong and Shanghai Banking Corporation, otherwise known as the HSBC has downgraded Anheuser-Busch InBev stock to hold amid a “crisis” following Bud Light’s marketing campaign featuring transgender activist Dylan Mulvaney.
According to Carlos Laboy, the managing director at HSBC’s global beverage sector, “There are deeper problems than ABI admit.”
Gee…ya think?
The most recent figures show that Bud Light sales are off better than 26% over last year, and the plunge didn’t start until the self-inflicted disaster of Bud Light’s partnership with Dylan Mulvaney. That raises a couple of good questions. How did Anheuser-Busch get the risk assessment so terribly wrong, and are they hiring the best people in their marketing department to gauge risk vs reward?
