VEVEY, Switzerland – Nestlé announced that it has proposed Pablo Isla, Chief Executive Officer of Inditex; Kasper Rorsted, Chief Executive Officer of Adidas; and...
VEVEY, Switzerland – Nestlé yesterday announced that it agreed to sell its U.S. confectionery business to Ferrero. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestlé CEO Mark Schneider commented: "With Ferrero we have found an exceptional home for our U.S. confectionery business ...
VEVEY, Switzerland – The Nestlé Board of Directors has decided to change the organization of the infant nutrition business at Nestlé to enhance further...
VEVEY, Switzerland – Nestlé reported on Friday their nine-month sales for 2017. Organic growth reached 2.6%, with 1.8% of real internal growth (RIG) and...
VEVEY, Switzerland – At its investor seminar today in London, Nestlé will present its strategy for sustainable value creation.
The company will detail how it...
VEVEY, Switzerland – Nestlé announced yesterday that it has acquired a majority stake in Blue Bottle Coffee, a high-end speciality coffee roaster and retailer...
MILAN – Swiss food group Nestle reported slightly better than expected earnings for the first half of 2017, but failed to deliver an expected rebound in sales growth. The Vevey-based group said on Thursday net profit rose 19 percent to 4.9 billion Swiss francs in the first six months of the year ...
MANILA, Philippines – A Nestlé satellite coffee buying station was recently opened in Diffun, Quirino province in North Luzon to enable producers in the area to sell their green coffee beans with greater convenience consistent with prevailing world market price. Nestlé coffee buying stations in the country are all located strategically ...