Widespread boycotts in Muslim countries hammer Western brands
FT Reporters
Boycotts of Western food and drinks brands in Muslim countries are hitting the revenues of multinationals and their franchise operators, exacerbating the impact of a global consumer slowdown on their bottom line.
From Egypt to Indonesia and Saudi Arabia to Pakistan, consumers are shunning goods produced by companies such as Coca-Cola, KFC, Starbucks, Mondelez and Pizza Hut, in protest against their perceived support for Israel in the war in Gaza.
Financial Times
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