Nestle is selling its US sweets and chocolate business to Ferrero Group for 2.7bn Swiss francs ($2.8bn; £2bn). The Swiss food giant said it was offloading brands such as Crunch, Nerds ...
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Nestle is also working with new types of feed for cattle that produce less methane per litre of milk produced. Mr Schneider also admitted it was responding to the commercial reality of a market ...
Shoppers around the world are spending more cautiously, Nestlé warned Thursday, prompting the packaged-food company to increase promotions to persuade consumers to open their wallets. “The ...
Nestle has said its sales have suffered this year due to boycotts of companies linked to Israel. The Swiss conglomerate, which owns brands including Nescafe and KitKat, has become a major target ...
LONDON, Oct 17 (Reuters) - Nestle (NESN.S), opens new tab is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook ...
Nestle’s new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a “painful reset” for the global food giant.
LONDON, Oct 17 (Reuters Breakingviews) - Nestlé’s (NESN.S), opens new tab new boss has some knotty problems. Third-quarter results showed, opens new tab flaky top line growth at the $260 ...
Six months after facing backlash over high sugar levels in Cerelac, Nestlé India launches a new baby food range with no refined sugar. Chairman Suresh Narayanan announced that 14 out of 21 ...
LONDON (Reuters) - Nestle's plans under new CEO Laurent Freixe ... as the end of the Covid-19 pandemic triggered a supply chain crunch and sky-high commodities prices followed by soaring energy ...
The organisational changes announced on Thursday include the merging of North and Latin America into one reporting unit, with the unit lead operating from Nestle’s Swiss headquarters ...
Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.