AGP Executive Report
Last update: 9 hours agoBrand Deal: KMD Brands, owner of Kathmandu, Rip Curl and Oboz, has given US group Bluestar Alliance exclusive access for due diligence on a possible takeover, with a December 23 deadline. Product Safety: Bodum is recalling 5.9 million French presses after 70 reports of carafes breaking, including 48 burn injuries. Consumers should stop stirring with metal utensils and contact the company for a plastic spoon and warning label. Separately, Wise Wife ground cinnamon was recalled in 14 states over elevated lead levels. Food & Drink: Coca-Cola says Diet Coke is gaining ground, with global volume up 6% in the third quarter. Halloween candy sales, meanwhile, fell 6.7% as shoppers squeezed by rising costs cut back on treats.
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.