Connect with us

Hi, what are you looking for?

Government

Kid Rock Gets Historic Win As Bud Light Gets Dethroned As Top-Selling Beer Brand In US By Modelo



Kid Rock got a historic win after his viral video showing his disgust for Bud Light’s Dylan Mulvaney’s marketing stunt led to one of the few successful boycotts in America.  America agreed with the rock music legend and we stopped buying the the brand.

Modelo Especial is now “the number one” beer in America according to its U.S. distributor. Modelo Especial store sales topped $333 million in the four weeks ending May 28, a 15.6 percent rise on the same period last year, compared with Bud Light’s $297 million, a 22.8 percent fall.

Bill Newlands, the chief executive officer of Constellation Brands, said overtaking Bud Light had happened “quicker than we had anticipated.”

“We thought that would take a little longer,” he said. “We’ve been very fortunate that, that’s gone a little quicker than we had anticipated. 

“But what a great position to be in on the beer side.”

Advertisement. Scroll to continue reading.

AB Inbev, Bud Light’s owner has also owned the bulk of Modelo Especial’s makers, Grupo Modelo, since 2013.

But to complete the deal U.S. regulators forced AB Inbev to sell Modelo’s U.S. business to Constellation Brands.

According to Newsweek:

Advertisement

The latest industry figures, obtained by Newsweek via Bumps Williams Consulting, showed Bud Light suffered a 23.9 percent drop in sales value and a 27.8 percent tumble in volume year-on-year in the week ending May 27.

Advertisement

That decline was overall much less steep than the one reported by the company in the previous week, when, according to BWC, it lost 25.7 percent in sales and 29.5 percent in volume.

Former Anheuser-Busch executive Anson Frericks last month suggested that the weekly release of Bud Light sales data by trade publications was encouraging those calling for a boycott of the beer.

In an op-ed for Fox News, Frericks said boycotters were “witnessing their success in real time,” and that his former employer “cannot force the media storm to die down by starving it of data.”

In response to the latest four-week figures, Constellation’s vice president, Maggie Bowman, told Newsweek via email on Tuesday that Modelo had “consistent and accelerated growth” since her company acquired the rights in 2013.

Advertisement. Scroll to continue reading.



Loading

Comments
Advertisement

Trending

Latest

You May Also Like

Government

New York Attorney General Letitia James has taken the first steps towards seizing one of former President Donald Trump’s properties. The leftist attorney general...

Government

Businessman Vivek Ramaswamy has called for Attorney General Letitia James to be disbarred over her civil fraud case against Donald Trump and the $454...

Government

U.S. Rep. Katie Porter could hardly contain her excitement when predicting that Donald Trump will soon “meet his demise” during an interview with Pod...

Government

On Tuesday attorneys for former President Donald Trump filed suit against ABC host George Stephanopoulos after he incorrectly claimed that he was found guilty...

Government

On Tuesday attorneys for former President Donald Trump filed suit against ABC host George Stephanopoulos after he incorrectly claimed that he was found guilty...

Government

Former President Donald Trump refuses to quit on America. After four political prosecutions, 91 criminal charges leveled against him, a maximum penalty of 136...

Government

New York Attorney General Letita James has confirmed that she is prepared to seize former President Donald Trump’s properties if he is unable to...

Government

Dr. Phil McGraw, best known for being a consulting doctor for Oprah Winfrey and a powerhouse media personality in his own right for his...

Government

Tony Ganios, renowned for his role in the 1981 beloved movie “Porky’s,” has passed away at the age of 64. Amanda Ganios, his fiancée,...

Tucker

Mass immigration is completely destroying our country. Why is no one doing anything about it? Because they’re afraid of ending up like Lydia Brimelow....

Advertisement