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#nestle

Every story tagged #nestle on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

58 stories in this topic

nestle
General
2 min read

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…

nestle
Food
1 min read

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.…

nestle
Food
2 min read

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…

kit kat
Food
1 min read

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…

kit kat
Food
1 min read

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…

kit kat
Food
2 min read

Nestle revamps coffee sustainability plan as climate challenges mount

Food giant Nestle pledged on Tuesday to spend over 1 billion Swiss francs ($1.01 billion) by 2030 on efforts to source coffee sustainably, more than double its previous pledge, as challenges linked to climate change pose particular risks for the bean. Study…

nestle
General
1 min read

Nestle to stop sourcing from Indonesian palm oil producer AAL

Food giant Nestle plans to stop sourcing from subsidiaries of Astra Agro Lestari (AAL), a major Indonesian palm oil producer accused by environmental groups of land and human rights abuses. The move comes as multinationals face increased reputational and…

kit kat
Food
1 min read

Nestle launches Milo flavoured KitKat

It’s official, the KitKat team is launching its biggest collaboration ever with the NEW KitKat packed with MILO – an iconic pairing bringing KitKat and MILO together for the ultimate Aussie break. Set to satisfy all chocolate-lovers, KitKat packed with MILO…

nestle
General
2 min read

Nestle buys New Zealand honey brand

Nestlé has added to its portfolio of health-focused assets with the acquisition of New Zealand business The Better Health Company. Financial terms were not disclosed. The Better Health Company (TBHC) is the company behind the supplement brand Go Healthy, as…