![]() They were very complacent with their company’s achievements, while other companies worked hard to adapt to the changing market circumstances. The company also needed to take a more conscious initiative to ensure gradual growth during the pandemic. They also lost a lot of their revenue and legal cases and lawsuits. They also indulged in many ill practices like using other companies’ music without hearing about copyright. People stopped buying anything from this brand because it was associated with many controversies.Īlong with this, many new brands were released in the market offering better quality products and high nutritional value than Bangs was offering. The multiple lawsuits that were imposed on the company decreased its reputation of the company to a considerable extent. They were performing well and had great reviews from the customers as well.īut some practices by the company and its unethical woke culture have led to its rapid decline and delegation. The brand was once the number three best-selling energy drink brand in the whole market. This means they’re still in business, but they will soon leave if the situation lingers on. ![]() Vital pharmaceuticals, the parent company of bang energy, has filed for Chapter 11 bankruptcy.
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