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Wealth Office on Instagram: "A $3.2 billion brand just 4 years ago— Krispy Kreme now faces a stark reality with a valuation of just $674 million; and declining… So, what’s going wrong? Failed Partnerships: The collaboration with McDonald’s, initially seen as a growth opportunity, ended due to unmanageable costs and operational challenges. Cybersecurity Breach: A significant cyberattack disrupted online operations, leading to financial losses and eroding consumer trust. Declining Sales: Both U.S.
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This ad hit people hard, and honestly, I get why. When so many people are cutting back, it comes across as tone-deaf. What most people don’t realize is that holiday campaigns like this are planned months in advance. By spring, brands are already pitching Christmas because the last two months of the year can make up 30-40% of annual sales. Teams get so focused on numbers that they lose sight of the consumer sentiment when the ad finally drops. It doesn’t excuse the message, but it does explain ho
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