AGP Executive Report
Last update: 12 hours agoNew Products: Beyond Meat is moving into energy drinks with Beyond Immerse Protein + Energy, a sparkling beverage combining 20 grams of plant protein with caffeine, fiber and electrolytes. Retail Priorities: Ralph Lauren has replaced sustainability targets with AI metrics in part of its executive pay plan, reflecting the growing pressure on retailers to show progress in adopting the technology. Prices and Spending: U.S. inflation reached 3.7% in September as fuel costs climbed, adding pressure ahead of the holiday shopping season; Indian festive e-commerce orders, meanwhile, rose 31%, with 42% coming from smaller tier-three cities. Food and Drink: Reliance has entered India’s ready-to-drink dairy market with ₹20 flavoured milk, stepping up competition with established brands. Industry Moves: Henkel completed its $1.4 billion acquisition of Olaplex, while Kimberly-Clark’s planned Kenvue deal won EU approval subject to conditions. Manufacturing: Indian specialty-chemicals startup Scimplify raised $25 million to expand production and research in materials used for batteries and semiconductors.
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