Candace Owens Dylan Mulvaney Peterson Jordan Pride lgbtq Gay Trans Bud Light Transgender Candace Owens Dylan Mulvaney Peterson Jordan

Jordan Peterson Weighs In on Target, Anheuser-Busch Boycotts

Reading now: 240
www.newsweek.com

Target for the losses they're facing as a result of the customer boycotts.Bud Light, owned by Anheuser-Busch InBev, and superstore chain Target are facing public boycotts as a result of backlash relating to the transgender and LGBTQ+ community.The boycotts against both companies have resulted in a loss in earnings and market cap, with social media figure and psychologist Peterson calling for people to "take them to zero."Bud Light's boycott, and by extension some other brands owned by Anheuser-Busch InBev, began in early April after transgender influencer Dylan Mulvaney was sent a personalized can to celebrate one year of her living as a woman.

The backlash against Bud Light has been running for over two months now, with examples of people dodging the brand often going viral online.

Recent figures show that shares in the company slumped by 5.2 percent in the last week of May, wiping more than $4 billion off the company's value.The boycott against Target started in May after the retailer launched its LGBTQ+ Pride range of clothing, followed by a swimsuit which was marketed as featuring "tuck-friendly" tailoring and "extra crotch coverage." This also led to a backlash, with conservative commentator Candace Owens calling Target a "perverted company." The final week of May saw another $4 billion knocked off of Target's price cap as a result of its stock price falling.Peterson jumped on the criticism of the companies, sharing graphs showing Target lost $10 billion off its market cap in 10 days, while Anheuser-Busch lost $27 billion in two months.

Read more on newsweek.com
The website meaws.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

05.07 / 19:09
film Entertainment Netflix Music Wham!’s Andrew Ridgeley recalls his final moments with bandmate George Michael
Netflix‘s new documentary, Wham!, which dives deep into the pop duo’s white-hot success in the ’80s—and their decision to part ways while they were on top of the world.The doc provides a never-before-seen look at Wham!’s journey with support from Michael’s estate and unprecedented access to his archive, plus a first-hand account of their superstardom from Ridgeley himself, who has largely remained out of the public eye these past few decades.To mark the documentary’s debut, Ridgeley exclusively spoke with People and opened up for the first time about his final conversations with his friend and band mate before Michael’s passing on December 25, 2016 at the age of 53.Though they seldom made public appearances together—and never got around to doing an official reunion, as widely speculated—the pair remained in close contact and frequently met “over the Scrabble board,” it turns out.As Ridgeley reveals, Michael was “a big fan [of the board game,] and we’d have regular games of Scrabble.”Their last match was “a few months prior to his passing,” and Ridgeley jokes he was exacting revenge after Michael had beaten him just the week before.The iconic song put the British pop star’s controversial sex life front and center.It’s pretty adorable to hear that these two maintained such a playful and youthful connection, especially when you consider that they first met as classmates at a secondary school (basically, “high school” in the U.K.) in their early teens.“It took us right back to just… the essence of our schoolboy friendship and one-upmanship,” Ridgeley recalls of their regular Scrabble bouts. “It was a game that stimulated him, and me also.”Heartbroken at the loss of my beloved friend Yog.
DMCA