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Deep Dive: Slumping Dos Equis gets back with its ex

United States
January 17, 2026 Calculating... read Industry
Slumping Dos Equis gets back with its ex

Table of Contents

Introduction & Context

Dos Equis is described as reviving its “Most Interesting Man in the World” advertising campaign with a commercial during the College Football Championship and additional retail and social media pushes. The brand is also described as responding to sagging sales in a tough year for the beer industry.

Background & History

Coverage references a prior campaign run during which the brand size reportedly tripled, implying the character once had meaningful marketing impact. The update provides limited broader history but frames the return as a deliberate throwback after a 10-year break.

Key Stakeholders & Perspectives

Stakeholders include Heineken USA and its retail partners, consumers reacting to pricing and shifting preferences, and competitors watching whether nostalgia marketing pays off. The actor Jonathan Goldsmith is also part of the brand identity being leveraged to regain attention.

Analysis & Implications

A high-visibility ad placement paired with social and in-store efforts suggests a full-funnel attempt to rebuild demand, not just awareness. The mention of headwinds like higher prices and weight loss drugs implies the brand is fighting broader category challenges, not only a brand-specific slump.

Looking Ahead

Watch for whether the commercial and campaign generate renewed cultural traction and whether sales trends stabilize after the push. Competitors may respond with their own legacy branding tactics if the strategy proves effective.

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