AGP Executive Report
Last update: an hour agoAsia-Pacific Retail: Marks & Spencer has launched its fashion range on Zalora in Southeast Asia and plans to join The Iconic in Australia and New Zealand in early 2027, using regional fulfilment to speed delivery and returns. Household Costs: India’s October inflation hit 6.09%, above the RBI’s 6% ceiling, as food inflation reached 8.94%; Amul is also raising milk prices by up to Rs 4 a litre. China’s Singles Day: Sales rose 4.8% to 1.78 trillion yuan, but weak consumer confidence persisted as platforms leaned on discounts and AI shopping tools. FMCG Margins: P&G Hygiene and Health Care’s quarterly profit fell 7% in India as higher raw-material and energy costs squeezed earnings. Changing Tastes: Chinese shoppers are favouring value and individuality over status labels, helping Coach and Ralph Lauren post sales gains even as some luxury rivals declined.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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