jane king on the money 6 3 25
INDIANAPOLIS (WISH) — Here’s Tuesday’s business update with Jane King, who discusses big brands dialing back public pride efforts, the maker of Oreo suing Aldi, and two celeb magazines shutting down.
Big brands are stepping back from Pride Month
You might be seeing fewer rainbows from big brands this Pride Month.
About 39% say they’re dialing back their public pride efforts this year, per a recent survey of corporate executives.
Many say they’re afraid of customer backlash, like the one Bud Light faced after it partnered with a trans influencer in 2023.
Oreo maker sues Aldi over similar packaging
Snack brand giant Mondelez is suing grocery chain Aldi, alleging that the grocer’s store-brand snack packaging “blatantly copies” Mondelez…