Nestlé

Nestlé Sees Slower Sales As New CEO Plans Restructuring

Nestlé SA forecast 2017 sales and profitability below its long-term targets, as new chief executive officer Mark Schneider steps up restructuring ef...

Brazil Reduces Chocolate Egg Production Ahead Of Easter

Brazilian chocolate egg production will be lower this year, with fewer new products on offer due to the economic downturn. Some 120 Easter Egg SKUs...

Nestlé To Open $86 Million Brazil Plant To Tap Dog-Food Demand

Nestlé SA plans to open a 270 million-real ($86 million) pet-food plant in Brazil, betting that higher-income Brazilians who love their pets will he...

Unilever's Foot Dragging Leaves Nestle As The New Hope: Gadfly

Its not just Nestle that needs to do some heavy lifting. Unilever NV has delivered a bad disappointment, missing analyst expectations for fourth quarter...

Nestlé France Appoints New Managing Director Of E-Commerce

Former Carrefour secretary general Pierre-Alexandre Teulié has been made the managing director of e-commerce, sustainable development and communicat...

Ivorian Cocoa Piles Up at Ports As Shippers Halt Purchases

Cocoa is piling up at ports and warehouses in Ivory Coast, the world’s biggest producer, after a plunge in futures prices prompted some exporters to...

Nestlé CEO's Greedy Past May Keep it from Giving Up Sugar: Gadfly

Risk is back on, so who needs chocolate? Nestlé SA needs to roll with the times, and investors have a lot of optimism that its brand-new chief execu...

Nestlé Partners With USAID On Maize Partnership In Ghana

Nestlé has signed a memorandum of understanding with the United States Agency for International Development (USAID) that will see a regular supply o...