Pride support for companies is proving difficult
🏳️🌈 Pride support for companies is proving difficult.
The significant buying power of the LGBTQ+ community, estimated to be over 17 million people in the U.S. with more than $1 trillion in spending power, makes it difficult for companies to ignore. However, negative social media posts attacking companies for being "woke" and accusing them of sexualizing or grooming children have increased, with calls for Pride-related boycotts surging. This backlash is linked to the ongoing debate over transgender rights, and some companies are becoming cautious about engaging in political issues.
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The significant buying power of the LGBTQ+ community, estimated to be over 17 million people in the U.S. with more than $1 trillion in spending power, makes it difficult for companies to ignore.
The rise of big companies taking stances on political and social issues is highlighted by recent examples of Target, Bud Light, Disney, Amazon, Microsoft, Starbucks, Nike, and Levi Strauss facing both support and backlash for their positions.
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