Brands like Ford Motors, John Deere and Molson Coors, among others, have reversed course on their diversity, equity and inclusion commitments. The shift is leaving multicultural and diverse-owned agencies grappling with the fallout.
With a polarizing presidential election coming to a head tomorrow, hot-button issues like reproductive rights and affirmative action are now front and center. Over the past year, brands like Target and Bud Light have faced backlash for marketing campaigns and other work deemed woke. Since then, some brands have been increasingly steering clear of the so-called culture wars, quietly walking back DE&I commitments made in the post-George Floyd murder era.
Notably, consumer spending has slowed and marketing budgets are facing constraints as economic uncertainty looms, making it easier for brands to make the case to divest from diversity efforts. Meaning, walking back the commitment is more a result of the need to tighten belts rather than a push to upend diversity initiatives, industry experts say.
Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.
The original post is at Marketing Archives – Digiday
Leave a Reply