Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Beer Sales Plunge After ‘Urine Terror’ Incident: All Staff Opt for Voluntary Retirement

tenbizt Views  

“Urine Terror” Fallout Hits Tsingtao
Domestic Importers Opt for Voluntary Retirement
Sales Plummet

Online Community

Following the so-called ‘urine terror’ incident at a Tsingtao beer factory in China, there has been a drastic drop in beer sales. This ultimately led the importer to offer voluntary retirement. The offer’s shock stems from its extension to the entire staff, not just a few employees.

According to recent industry reports, BeerK, the beer importer, accepts voluntary retirements after recommending a few employees for resignation. The company made the offer to all 120 staff members.

The company merely stated that “austerity measures are necessary.” They did not reveal specific details about the retirement plan’s scale, compensation, or duration.

Online Community

The cause is the fallout from the ‘urine terror’ incident that occurred on October 20th.

A man in work clothes urinated in the malt storage facility, an ingredient for beer, at a Tsingtao factory in Shandong, China. Social media users shared the incident, and it quickly went viral online.

BeerK explained that “the factory related to the incident produces beer for domestic consumption, not for export.” However, beer sales have plummeted to a level close to a boycott in the Korean market.

According to trade statistics from the Customs Service, beer imports from China in October were 5,025 pounds (2281 tons), a 42.6% decrease compared to last year. Regarding import value, it was $1.927 million, a 37.7% decrease, suggesting that the Tsingtao beer incident had an impact.

Additionally, sales of Tsingtao beer at convenience stores also fell by up to 40% from October 21st to 26th following the “urine terror” incident.

BeerK

In response, BeerK stated, “Due to the recent sharp drop in sales, we have no choice but to implement austerity measures,” and described it as a “decision for the company’s survival.”

By. Joo Seung Hee

tenbizt
content@www.kangnamtimes.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • El Salvador's Bitcoin Reserves See $25 Million Surge After Trump’s Win
  • Who Is Susie Wiles? Meet Trump’s Loyal ‘Ice Baby’ and First Woman Chief of Staff
  • Trump’s 2nd Term Family Drama: Lara and Don Jr. Take Center Stage, Ivanka Steps Aside
  • Boston Dynamics’ Atlas Robot in Hot Dog Costume Stuns with Human-Like Skills
  • With $180M in Support, Musk Backs Trump’s Victory—And Makes It Meme-Worthy
  • Swifties and Celebrities Left Reeling After Trump’s Election Win

Weekly Best Articles

  • Camping or Commuting? How Nissan’s 7-Seater Cube Fits Any Lifestyle
  • BMW’s ‘Double Coffin Grille’ Faces Backlash in Unusual 1 Series Mod
  • E30 M3 Returns: A Fresh Design Brings BMW’s Classic into the Future
  • Lexus LFA’s Legendary Successor: What to Expect from the Upcoming Supercar
  • Renault’s Eco-Friendly Emblème Promises 90% Lower Emissions, 621-Mile Range
  • Honda’s New Passport: Sleek Redesign and 10-Speed Automatic Transmission Coming Soon
  • Tesla’s New Model Y Juniper: Leaked Prototype Hints at Major 2025 Facelift
  • Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP
  • Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains
  • 2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K
  • NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook
  • Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

You May Also Like

  • 1
    Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP

    TECH 

  • 2
    Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains

    TECH 

  • 3
    2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K

    TECH 

  • 4
    NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook

    ENTERTAINMENT 

  • 5
    Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

    ENTERTAINMENT 

Popular Now

  • 1
    Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why

    ENTERTAINMENT 

  • 2
    Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

    ENTERTAINMENT 

  • 3
    Is Dex the Ultimate Boyfriend? Seohyun Jin Thinks So!

    ENTERTAINMENT 

  • 4
    Is the Toyota Century SUV Worth the Price? Here’s What You Get for $273,000

    TECH 

  • 5
    Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be

    TECH 

Weekly Best Articles

  • Camping or Commuting? How Nissan’s 7-Seater Cube Fits Any Lifestyle
  • BMW’s ‘Double Coffin Grille’ Faces Backlash in Unusual 1 Series Mod
  • E30 M3 Returns: A Fresh Design Brings BMW’s Classic into the Future
  • Lexus LFA’s Legendary Successor: What to Expect from the Upcoming Supercar
  • Renault’s Eco-Friendly Emblème Promises 90% Lower Emissions, 621-Mile Range
  • Honda’s New Passport: Sleek Redesign and 10-Speed Automatic Transmission Coming Soon
  • Tesla’s New Model Y Juniper: Leaked Prototype Hints at Major 2025 Facelift
  • Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP
  • Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains
  • 2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K
  • NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook
  • Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

Must-Reads

  • 1
    Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP

    TECH 

  • 2
    Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains

    TECH 

  • 3
    2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K

    TECH 

  • 4
    NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook

    ENTERTAINMENT 

  • 5
    Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

    ENTERTAINMENT 

Popular Now

  • 1
    Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why

    ENTERTAINMENT 

  • 2
    Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

    ENTERTAINMENT 

  • 3
    Is Dex the Ultimate Boyfriend? Seohyun Jin Thinks So!

    ENTERTAINMENT 

  • 4
    Is the Toyota Century SUV Worth the Price? Here’s What You Get for $273,000

    TECH 

  • 5
    Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be

    TECH 

Share it on...