Nestlé workers have been striking in Canada for nearly three weeks
Nestlé workers in Canada are approaching their third week of strike action at a plant in Toronto, citing issues with pension pay. The dispute has...
Tag : Nestlé
Nestlé to Introduce New Products Catering to GLP-1 Nutrition Needs
Nestlé is introducing a line of meals in the US to complement GLP-1 weight-loss medication. The new Vital Pursuit products from Nestlé are protein-rich, high...
Investors urge chocolate companies to increase pay for cocoa farmers
Global chocolate heavyweights, like Hershey and Lindt & Sprüngli, have been urged by shareholders to enhance cocoa farmer pay in their supply chains. The Investor...
Nestlé sells Egmont Honey business in New Zealand
Nestlé is planning to sell New Zealand Manuka honey brand Egmont Honey, two years after acquiring the asset. The decision to divest the brand was...
PAI Partners in discussions with investors for additional funding for Nestlé joint venture
Private-equity firm PAI Partners is reportedly in discussions with investors for a new fund to house its 50% stake in the Froneri ice cream joint...
Nestlé’s Strategy for Growing its Presence in the Cold Coffee Market
The cold coffee trend in the food and beverage industry is gaining momentum, driven by consumers who are becoming more adventurous in their coffee choices....
Nestlé Bounces Back with Spring-Loaded Sales Rebound Following Decline in US Market
Nestlé expects its “real internal growth” to bounce back after a decline in the first quarter of 2024. The key RIG metric, which excludes pricing...
Nestlé to reduce workforce at its German headquarters
Nestlé is set to reduce its workforce at its German head office in Frankfurt, with plans to cut “slightly more than 100” staff out of...
Nestlé shareholders refuse proposal for healthier product initiatives at AGM
At the recent Annual General Meeting (AGM) of Nestlé, shareholders rejected a proposal to increase the quantity of healthier products in the company’s portfolio. The...
Nestlé criticized for hypocrisy in sugar content of baby formula and cereals
In a recent report, it was revealed that Nestlé adds sugar and honey to specific brands of infant formula and breakfast cereals in lower-income countries,...