Sarah ChenFood
Blue Bottle Coffee Enters Thailand with Two Bangkok Cafes
The specialty chain is partnering with Valiram to open locations at Dusit Central Park and EmQuartier following its sub-$400 million buyout by Centurium Capital.
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nestle
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Stories tagged nestle
62 stories in this topic
Aiko TanakaGeneral
Nestlé Targets GLP-1 Drug Users with AI-Driven Nutritional Products, Expands Asia Offerings
Nestlé is transforming the rise of GLP-1 weight-loss medications into a commercial opportunity by developing specialised products for consumers taking drugs like Ozempic and Wegovy. The company is using artificial intelligence and nutritional science to…
Aiko TanakaFood
Nestlé Partners with Platinum Equity: Spins off Premium Water Business into Multibillion-Dollar Joint Venture
Nestlé has revealed plans for a significant reorganization of its worldwide water division through a new collaborative endeavor with the private equity company, Platinum Equity. This move will see both Nestlé’s water and premium beverage businesses…
Maria SantosFood
Nestlé Advocates for Simplified Food Labels in Bid to Demystify Scientific Ingredients
As consumer awareness increases, more people are inspecting ingredient labels and avoiding products that seem heavily processed. Nestlé, the global food and beverage company responsible for products such as Nescafe coffee and KitKat chocolate, has been…
Wei ZhangFood
Nestlé Initiates Global Recall of Infant Formula in 30+ Markets due to Potential Toxin Risk
Nestlé, the world’s largest food and beverage company, has initiated a widespread recall of select infant nutrition products across over 30 markets, including Australia, New Zealand, the Americas, and numerous European countries. The recall is attributed to…
Minjun ParkLiving
High-End Health: Nestlé’s Vitamin Business on the Selling Block Amid Consumer Shift to Premium Supplements
Nestlé, the Swiss food giant, is facing a challenge in its attempt to divest from its mass-market vitamin brands. The rise in demand for expensive, scientifically-backed products among health-conscious consumers is complicating the corporation’s efforts to…
Minjun ParkGeneral
Nestlé To Cut 16,000 Jobs Globally In Cost-cutting Initiative
Nestlé, a global leader in the food and beverage industry, has recently announced plans for a significant reduction in its worldwide workforce. Over the next two years, the company intends to eliminate approximately 16,000 positions as part of its ‘Fuel for…
Wei ZhangFood
Nestle Exits Dairy Methane Action Alliance, Commences Partnership With World Farmers’ Organisation
Nestle, a global food conglomerate, has announced its decision to exit the Dairy Methane Action Alliance, an international consortium committed to reducing methane emissions. The consortium, established in December 2023, comprises members like Danone, Kraft…
Sarah ChenFood
Nestlé Makes Bold Move: CEO Dismissed Due to Workplace Relationship Scandal
Nestlé, the powerhouse behind iconic brands like Nespresso and KitKat, has initiated a leadership shakeup following the dismissal of Laurent Freixe as CEO. This significant change comes after an inquiry into an undisclosed romantic relationship between Freixe…
Wei ZhangFood
Nestle Halts Production Of Vegan Kitkat Amid Rising Costs And Declining Sales
Nestle, the multinational food and beverage company, has announced its decision to cease production of its vegan KitKat range after a four-year span. This decision is attributed to the escalating production expenses and declining sales figures. Background and…
Rajiv MenonFood
Nestlé Expands Maggi Seasonings To Uk And Malaysia Amid Rising Global Air Fryer Trend
In a strategic move to capitalize on contemporary culinary trends, global consumer goods conglomerate Nestlé has launched its renowned Maggi seasonings in the United Kingdom and Malaysia this year. This step is part of a wider global expansion strategy for…
Minjun ParkFood
Vietnam Health Inspectors Call for Probe into Possible Misleading Nestlé Milo Advertisements
A recent inspection has cast a shadow over Nestlé’s bold claim that its products are “proven to help children.” The provincial Department of Health revealed on Thursday that this assertion, prominently featured on packaging and in marketing materials, was…
Minjun ParkFood
Nestle takes full control of Chinese confectioner Hsu Fu Chi
Nestle has acquired the remaining 40 per cent ownership in Chinese confectionery company Hsu Fu Chi for an undisclosed sum, after purchasing 60 per cent in 2011. Hsu Fu Chi, founded in 1992 by the Hsu family, is a well-known confectionery brand in China.…
Minjun ParkFood
Nestle launches protein shots for US weight-loss drug users
Nestle is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds, the latest effort by the world’s biggest packaged food maker to tap the booming market for weight-loss products. The manufacturer of…
Sarah ChenFood
Nestle’s Smithtown factory gets a $32 million overhaul
Food and beverage giant Nestle has invested $32 million in its Smithtown factory, aiming to boost the site’s manufacturing line. The funding will also introduce state-of-the-art technology and support an increased production capacity. James Garley, the site’s…
Aiko TanakaFood
Nestle begins work on ‘companion products’ for weight loss drugs
Nestle on Thursday said it has started work on products to “companion” weight loss drugs like Novo Nordisk’s game-changing Wegovy, hoping to cash in on their growing popularity. The Swiss food giant’s CEO Mark Schneider said Nestle had not seen any impact…