Nestlé boosted by infant formula sales and performance in China October 18, 2018 Nestlé saw its net sales rise by 1.4% in its third quarter thanks to the performance of its coffee and infant formula brands. Read more
Nestlé USA aims to transform its business with new HQ in Virginia August 01, 2018 Nestlé USA has opened its new headquarters in Arlington, Virginia, in a move it hopes will “transform the business” in the country. Read more
Nestlé records rise in half-year sales thanks to growth in China July 26, 2018 Nestlé saw its net sales increase by 2.3% in the first half of the year due to a strong performance of its infant formula business and growth in China... Read more
Nestlé New Zealand to offload range of confectionery assets July 12, 2018 Nestlé has sold some of its confectionery brands in New Zealand – including Fabulicious Red Licorice and Black Knight – to Quadrant Private Equity. Read more
Nestlé responds to Third Point’s pressure to boost profitability July 03, 2018 Nestlé has reacted to a scathing attack on its progress by activist investor Daniel Loeb by highlighting the company’s long-term value creation strate... Read more
Strong European performance boosts Nestlé’s Q1 sales April 19, 2018 Nestlé has reported strong sales figures in its first-quarter results driven by sales growth in Europe and increased sales across the company's produc... Read more
Steve Presley appointed as Nestlé USA market head and CEO February 21, 2018 Nestlé has confirmed that Steve Presley will succeed Paul Grimwood as market head and CEO of Nestlé USA, effective 1 April 2018. Read more
Analysis: How big is a combined Keurig Dr Pepper going to be? January 30, 2018 FoodBev asks exactly how big a combined Keurig Dr Pepper is going to be, following yesterday's acquisition. Read more
Nestlé slashes 400 French jobs as cost-cutting measures continue January 26, 2018 Nestlé will cut as many as 400 jobs in France as it aims to boost efficiency and reduce costs as it comes under pressure to streamline its portfolio. Read more
Nestlé investor calls for greater focus on food and nutrition January 23, 2018 Nestlé investor Daniel Loeb has lobbied the company to focus more on food and nutrition by encouraging the brand to sell its stake in beauty brand L'O... Read more