Nestlé

Nestlé Full Year Profit Misses Forecasts Despite Price Increases

Nestlé reported weaker than expected full year net profit despite the world's biggest food group passing on higher raw material costs by hiking pric...

Retailers And Consumer Goods Firms Pledge Support For Türkiye And Syria

Retailers and consumer goods firms have stepped up their efforts to support aid organisations in the wake of the humanitarian crisis in Türkiye and Sy...

Shoppers To Face Fresh Price Hikes As Stores, Suppliers Pass On Costs

Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unl...

Nestlé To Hike Food Prices Further In 2023, CEO Says

Nestlé will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consum...

Nestlé Canada To Exit Frozen Meals And Pizza Business

Nestlé Canada has announced it will wind down and eventually exit its frozen meals and pizza business over the next six months in Canada.

Nestlé Unveils $100m Colombia Investment To Grow Capacity

Global food giant Nestlé is set to invest $100 million over the next three years in its Colombian operations, President Gustavo Petro said...

Unilever's Dominance In India Helps It Raise Prices

Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its dominant market position and pent up demand a...

Alexander von Maillot To Succeed Marc-Aurel Boersch As Nestlé Deutschland CEO

Alexander von Maillot is to succeed Marc-Aurel Boersch as the chief executive officer of Nestlé Deutschland, the food giant announced in a press rel...