There are studies of improve in on-line searches for key phrases resembling “corona beer virus” and “beer coronavirus” which clearly reveals that the beer firm has been hit by comparable identify affiliation conundrum.
Corona beer is dealing with its worst quarter in final 10 years following the outbreak of the lethal virus. (Image: Getty)
New Delhi: The lethal Coronavirus, also called 2019-nCoV, has not simply economically stabbed world commerce, tourism and billions in inventory markets, but in addition has an unlikely sufferer – supposedly one of the cherished beer manufacturers. Yes, you guessed it proper – it’s none apart from the Mexico-based ‘Corona Beer’. As per a current report by Bloomberg, Corona Beer has develop into the topic of memes and movies are being shared broadly on social media platforms because the toll from the virus climbs worldwide.Interestingly, there are studies of improve in on-line searches for key phrases resembling “corona beer virus” and “beer coronavirus” which clearly reveals that the beer firm has been hit by comparable identify affiliation conundrum.
A report by information portal Independent.co.uk claims that the Corona beer is dealing with its worst quarter in final 10 years following the outbreak of the lethal virus. The report says that, the corporate has confronted a lack of $170 million within the final two months.
The losses have pressured it to chop its chief government’s bonus and forecast one of many steepest declines in its quarterly earnings, the report added. The firm reportedly believes that the drop in gross sales is because of the having the identical identify Corona and individuals are avoiding consumption of the beer within the concern of getting Coronavirus.
Why the identify – Coronavirus?
The phrase ‘corona‘ comes from the Latin that means ‘crown‘ and after the scientists seen the virus underneath a microscope, it appeared to have crown-like spikes – and thus Coronavirus.
The harm has develop into extra extreme in current days as infections unfold. Shares of Corona-maker Constellation Brands Inc. dived eight per cent this week, the Bloomberg report stated.
The report additional added that the phrase Corona, which derives its identify from the Sun’s corona and has nothing to do with the virus, is the third-most in style beer within the US, in keeping with YouGov rankings after Guinness and Heineken.
The unfold of Coronavirus has now reached a ‘decisive level’, as even the World Health Organisation (WHO) has urged authorities around the globe to take ‘aggressive measures’ to stop it. The whole variety of folks contaminated worldwide by Coronavirus has now risen above 80,000 with 2,700 recorded deaths.
While there isn’t any doubt that the lethal virus has a pandemic potential and precautions are a should, beer lovers, nevertheless, might be assured that their favorite beverage, if consumed carefully, will at worst solely give them a hangover and never one thing extra deadly.