When Nestle SA's top managers gathered at a meeting in June, their discontent was clear. Using their phones to react to various topics under a traffic light system, they repeatedly pressed "amber" ...
The ambitious initiative of the global food and beverage company, Nestle Nigeria to source 100 percent of its raw materials locally has continued to have ripple effect, reaching far beyond the ...
Multinational food and beverage giant Nestle was one of the first companies to halt nearly all business travel in February 2020 in response to Covid-19, and it shows in its decline of its estimated ...
Nestle has said its sales have suffered this year due to boycotts of companies linked to Israel. The Swiss conglomerate, which owns brands including Nescafe and KitKat, has become a major target ...
The Nestlé Board of Directors has approved changes to the company’s organization, effective as of January 1, 2025. As a result, Nestlé is also announcing changes to its Executive Board. Zone ...
Are you a print subscriber? Activate your account. By Ryan Gould - 4 min 45 sec ago By Ad Age Staff - 7 min 40 sec ago By Asa Hiken - 59 min 1 sec ago By Geno Schellenberger - 1 hour 6 min ago By ...
Although Nestle's performance during the pandemic has been nothing short of stellar, we believe the main drivers of this outperformance have been fueled by pandemic-led lockdowns—millions of ...
Shoppers around the world are spending more cautiously, Nestlé warned Thursday, prompting the packaged-food company to increase promotions to persuade consumers to open their wallets. “The ...
LONDON, Oct 16 (Reuters) - Nestle (NESN.S), opens new tab could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time this ...
Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.
The organisational changes announced on Thursday include the merging of North and Latin America into one reporting unit, with the unit lead operating from Nestle’s Swiss headquarters ...
Nestle first acquired Osem in 2016 in a 3.3 billion shekels ($876 million) deal that saw it take 100% control over the ...