AGP Executive Report
Last update: 2 hours agoScotch Trade Dispute: Indian customs is holding more than 40 containers each from Pernod Ricard and Diageo, seeking a 150% duty on bulk Scotch despite the India-UK pact’s lower rate. The standoff could disrupt supplies. Packaging Efficiency: Delhaize and DS Smith lifted bag-in-box wine line speeds by 27%, to 1,900 packs an hour, by matching packaging design to machinery. Market Pressures: Molson Coors cut its 2026 outlook as weak beer demand and higher costs weigh on results. PepsiCo plans 1,000 North American job cuts despite strong revenue growth in Europe, the Middle East and Africa. Industry Moves: Carlsberg agreed to sell Britvic’s Brazil business for US$89.8 million. In the US, canned cocktails are booming, but Pennsylvania’s state-run liquor system is struggling to keep pace.
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.