![]() Previous applicants are still being considered and do not need to reapply. CNN Sans ™ & © 2016 Cable News Network.This is a repost. ![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account A single can bearing her face was provided for a social media post, but some prominent conservative figures attacked the brand and social media posts spewed transphobic comments. Over the past several weeks, Bud Light sales declines have hovered around 25% weekly likely due to right-wing media’s barrage of negative headlines following its partnership with Mulvaney and the brand’s tepid response to the controversy that angered LGBTQ+ advocates. Also, sales fell for other beers in its family, such as Michelob Ultra, Natural Light and Busch Light in the same time period compared to previous weeks. (BUD) (whose parent company is based in Belgium), it is that the American-made Bud Light remains the top-selling beer on a year-to-date basis. If there’s a bright spot forAnheuser-Busch “Our growth is in maintaining that core but also bringing in non-Hispanic customers, and we’re having incredible success.” ![]() Greg Gallagher, vice president of brand marketing for New York-based Constellation, told CNN that Modelo has been “enjoying an incredible run of success” for the past several years and said that it wants to replicate the dominance it has with Hispanic drinkers with more demographics. Williams said that a number of factors contributed to Modelo becoming the top-selling beer (at least for May), including strong retailer support, great advertising, eye-catching packaging and a “springboard effect” from Cinco de Mayo going into the summer. In recent years, drinkers have been switching their beer preference to Mexican beers and spirits, such as tequila and mezcal. Modelo Especial overtook Bud Light sales in May. He added that the Modelo Oro, its new low-carb beer, is off to a strong start following its May debut and further bolstering the brand’s sales. “Modelo Especial appears to be increasing its sales growth each week as we get deeper into summer,” Williams told CNN. Dollar sales were equally grim for Bud Light during that period, with sales falling 24.4%, while Modelo’s grew 12.2%.Īnd the trend doesn’t look to turn in Bud’s favor, the firm said. The fall from the top further highlighted how much trouble the Anheuser-Busch brand is in following transgender influencer Dylan Mulvaney’s Instagram post showing off a customized Bud Light can.įor four weeks ending on June 3, Modelo captured 8.4% of US retail beer sales, with Bud Light falling to second place with 7.3%, according to NIQ data given to consulting firm Bump Williams. ![]() Modelo Especial, the Mexican lager brewed near Mexico City by Constellation Brands, became the top-selling beer in May, overthrowing Bud Light from the top spot it has held for more than two decades. America’s top-selling beer is no longer American. ![]()
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