LONDON (Reuters) –
Global companies including Anheuser-Busch InBev, Coca-Cola, and Target have faced sales drops and reputational damage from consumer boycotts over the years.
Consumer boycotts date back to at least an 18th-century anti-slavery sugar protest in Britain, but in recent times, social media has enabled activists to target companies viewed as irresponsible.
Examples of Consumer Boycotts
Israel’s War in Gaza
- Israel and Hamas have been in conflict since October 7, 2023, resulting in significant casualties on both sides.
- Following the attacks, consumers in Muslim-majority countries have boycotted products from companies seen as supportive of Israel.
- Companies like Unilever and Nestle reported lower sales in regions like Indonesia due to these boycotts.
- McDonald’s noted a meaningful business impact from the crisis in early 2023, affecting operations in some Middle Eastern markets.
- Starbucks experienced poor first-quarter results due to the conflict. Alshaya Group, which operates Starbucks in the region, planned layoffs due to declining sales.
- Unilever saw reduced sales growth in Southeast Asia amid consumer boycotts in response to the geopolitical situation.
Apartheid
- In the 1980s, U.S. and British consumers boycotted products from South Africa during its apartheid era, impacting various goods.
Discouraging Breastfeeding
- In the mid-1970s, Nestle faced boycotts for allegedly discouraging breastfeeding, leading to an international marketing code by the WHO.
Cruelty to Sheep
- PETA led a boycott against Benetton in 2004-2005 over alleged animal cruelty in wool production, though sales impact remains unclear.
Transgender and LGBTQ+ Marketing
- Anheuser-Busch’s Bud Light saw a significant sales decrease after a promotion featuring a transgender influencer.
- Target faced backlash and confrontations after launching an LGBTQ-themed collection, resulting in the removal of products shortly after debuting.
(This story has been refiled to remove extraneous letter in paragraph 1)
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