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US Target loses $9 billion in one week after releasing LGBT swimsuits for kids
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US Target loses $9 billion in one week after releasing LGBT swimsuits for kids

Target Loses $9 Billion in Market Value Over Pride Collection

In this section, Avi Horowitz discusses the controversy surrounding Target's rollout of a pride collection featuring LGBTQ-friendly clothing for children and the resulting economic boycott.

Economic Boycotts

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  • Avi Horowitz used to be against using economic boycotts but changed his mind due to the effectiveness of weaponizing economics.
  • Economic boycotts have been effective in pushing certain agendas, but it is damaging to all parties involved.
  • The economic boycott against Bud Light was successful, but it has not worked with Target.

Weaponizing Economics

  • The other side has weaponized economics by using boycotts to push their agenda.
  • Avi Horowitz believes that we have to use the same weapon and fight fire with fire.

Impact on Target

  • Target has lost 9 billion dollars in market value since causing controversy over its rollout of a pride collection featuring LGBTQ-friendly clothing for children.
  • The economic boycott against Target has resulted in some stores moving the collection to the back of their stores.

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Video description

Public protest seems to be really working in the US as Target has lost $9 billion in one week since the release of their controversial LGBT-friendly swimsuits for children, according to Sky News Australia host James Morrow.

US Target loses $9 billion in one week after releasing LGBT swimsuits for kids | YouTube Video Summary | Video Highlight