Nestle to cut costs, boost marketing under new CEO
It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings ...
Tag: Nestle
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil ...
Nestle announces restructuring, misses nine-month organic sales forecast
NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month ...
Nestle gets rare ‘sell’ rating as Morgan Stanley adds to tide of growing scepticism
NESTLE received a rare negative rating as Morgan Stanley turned bearish on the consumer-goods giant, adding to a recent turn ...
Nestle chairman says no major restructuring planned after shake-up
NO major restructuring is planned at Nestle, following the Swiss foodmaker’s decision to replace chief executive officer Mark Schneider with ...
Nestle replaces CEO Schneider with company veteran Freixe
NESTLE chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced ...
Nestle, Unilever sales disappoint as consumers remain wary of high prices
Nestle and Unilever may be raising prices more slowly, but it has not been enough to win back some cost-conscious ...
Nestle launches website for individuals on weight loss drugs
NESTLE’S health unit on Tuesday (Jun 25) launched a Web platform to provide nutritional support for individuals on weight loss ...
Nestle, Coke take cautious approach to catering to Ozempic users
NESTLE’S new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, ...
Nestle sales growth sputters on US slump, vitamin snags
NESTLE sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in ...
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