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published in Blogs
Apr 12, 2019

Patagonia sues AB InBev for selling copy-cat beer

Outdoor apparel company Patagonia is suing Anheuser-Busch InBev for copying the logo and marketing strategies for its recently launcher beer brand.

In 2016 Patagonia launched a new beer brand called Long Root, and the lawsuit claims that one representative from AB InBev had reached out to the company about the special grain used in the beer. AB InBev only recently began testing its Patagonia brand stateside, after years of success in Argentina.

According to the Ventura, California-based company claims that AB InBev has taken to copying Patagonia brand logo and launched products at ski resorts where Patagonia ski apparel is popular, to confuse consumers.

The lawsuit also claims that AB InBev’s move to plant one tree for every beer sold is to confuse consumers as Patagonia has a reputation of being environment-friendly.

So Patagonia is now asking a California based federal court to recognize AB InBev’s infringements and trademark dilution. It is also asking AB InBev to return any money earned through the sale of Patagonia beer.

This is the second time in less than a month that AB InBev has been accused of confusing consumers and infringing upon trademarks.

Related Ticker: BUD

BUD's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for BUD turned positive on August 21, 2024. Looking at past instances where BUD's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

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Notable companies

The most notable companies in this group are Anheuser-Busch INBEV SA/NV (NYSE:BUD), Constellation Brands (NYSE:STZ), Molson Coors Beverage Company (NYSE:TAP).

Industry description

The alcoholic beverage market includes beer, wine, and spirits. From $230 billion in 2015, the industry has grown to around $250 billion by 2019. In recent years, alcoholic beverage makers have been looking to expand distribution and purchase channels, such as through online stores (e.g. e-commerce platform Drizly) and convenience stores. Anheuser-Busch In Bev and Diageo are major global alcoholic beverage companies, while U.S.-owned companies include Constellation Brands and Brown-Forman Corp. among several others.

Market Cap

The average market capitalization across the Beverages: Alcoholic Industry is 19.91B. The market cap for tickers in the group ranges from 2.66K to 19.33T. PBGDF holds the highest valuation in this group at 19.33T. The lowest valued company is WBEVQ at 2.66K.

High and low price notable news

The average weekly price growth across all stocks in the Beverages: Alcoholic Industry was 1%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was -8%. EAST experienced the highest price growth at 82%, while BDWBY experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Beverages: Alcoholic Industry was 520%. For the same stocks of the Industry, the average monthly volume growth was 433% and the average quarterly volume growth was 132%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 46
P/E Growth Rating: 68
Price Growth Rating: 63
SMR Rating: 78
Profit Risk Rating: 92
Seasonality Score: -28 (-100 ... +100)
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published General Information

General Information

a holding company whose subsidiaries manufactures and distributes alcoholic and non-alcoholic beverages

Industry BeveragesAlcoholic

Profile
Fundamentals
Details
Industry
Beverages Alcoholic
Address
Brouwerijplein 1
Phone
+32 16276111
Employees
154540
Web
https://www.ab-inbev.com
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