60 stories in this topic
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…
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…
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…
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…
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, 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…
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…
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…
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…
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…
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 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…
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…
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…
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…
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…