News Formal

Bud Light loses its title as America's top-selling beer | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

America’s top-selling beer is no longer American.

Modelo Especial, the Mexican lager brewed 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. 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. For four weeks ending on June 3, Modelo captured 8.

Williams said that a number of factors contributed to Modelo becoming the top-selling beer , including strong retailer support, great advertising, eye-catching packaging and a “springboard effect” from Cinco de Mayo going into the summer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mark Cuban claims companies like Target, Bud Light going 'woke' is just 'good business'The Dallas Mavericks owner remarked on the ongoing controversy surrounding companies like Bud Light and Target over their transgender marketing strategies.
Source: FoxNews - 🏆 9. / 87 Read more »