AGP Executive Report
Last update: 5 hours agoQuarterly Results: Gildan’s third-quarter sales rose 61% and it raised its 2026 outlook. Brilliant Earth also beat guidance, while Ingredion cited higher costs and softer demand as it lowered earnings expectations. Product Safety: Consumer Reports urged the US product safety agency to restore staffing, public access and stalled safety rules. Once Upon a Farm separately recalled toddler snack bars over a choking hazard. Value Shift: Mid-priced products now make up 58% of China’s in-store FMCG sales as shoppers seek quality within budget; major FMCG brands are also gaining ground as smaller rivals face cost pressure and slower rural demand. Global Moves: Unilever plans €35 million in additional R&D investment in India, including new research and manufacturing facilities, and agreed to sell its Myanmar joint-venture stake, with completion expected in 2027. New Products: Loblaw’s President’s Choice unveiled its 2026 holiday food lineup, while Reliance Consumer Products recently introduced nine biscuit varieties in Tamil Nadu.
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