📉 Since the start of Israel's assault on the Gaza Strip on October 7, Coca-Cola has seen a decline in sales of around 23 percent in Bangladesh, as consumers call for a boycott of firms believed to have links with the Israeli government and military. Despite intensifying its advertising efforts, including the controversial 60-second commercial, the beverage giant continues to face criticism and declining sales in the Muslim-majority country.
🌍 The advertisement has been particularly criticized for claiming that "even Palestine has a Coke factory," which is seen as an insensitive and false statement. In reality, the Coca-Cola factory is located in the occupied West Bank's Atarot, an Israeli settlement considered illegal under international law. As the backlash grows, Coca-Cola's attempts to regain its market position in Bangladesh, such as partnering with a Turkish associate, have yet to yield the desired results.
The Business World
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