AGP Executive Report
Last update: 10 hours agoSmart Devices: Chinese technology firms are moving AI into consumer hardware, with Alibaba’s Qwen unveiling AI glasses and clip-on earphones as Huawei, ZTE, Vivo and Baidu expand their own offerings. Holiday Spending: U.S. households expect to spend an average of $1,654 this season, up 4% from 2025; planned retail-goods spending is up 10%, while spending on holiday activities is down 4%, Deloitte reports. Product Safety: U.S. officials warned consumers to stop using nearly 400,000 Power Quick Pot pressure cookers after 24 reports of lids opening under pressure and causing serious burns. FMCG Pressures: India’s consumer-staples sector remains squeezed by high input costs and valuations; HSBC expects growth to slow to 10% in the second half of fiscal 2027 from an estimated 14% in the first. Toys and Games: Hasbro raised its annual revenue outlook after strong demand, with Magic: The Gathering revenue topping $600 million.
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