The maker of Nespresso and Nestle coffee, Purina and Felix pet food, Lean Cuisine and Stouffers ready meals, San Pellegrino water and DiGiorno pizza said sales are down 2.4 percent for the nine ...
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 ...
whose brands include everything from Nespresso coffee capsules to Purina dog food and Haagen-Dazs ice cream. Freixe, a Frenchman who headed Nestle’s Latin America unit, was appointed to turn ...
He relayed his strategy to investors as Nestle - owner of brands including Nescafe, Kit Kat, Sanpellegrino and Purina pet food - cut its full-year sales outlook after weaker than expected nine ...
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.
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 ...
The FMCG sector is facing sluggish demand as it is becoming polarised with the middle class shrinking but simultaneously there being high demand for premium products, Nestle India chairman and ...
LONDON, Oct 17 (Reuters) - Nestle (NESN.S), opens new tab is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook ...
We regard Nestle's pet-care segment, particularly the Purina brand (with over 25% global market share, along with Mars Petcare), as being somewhat removed from the hypercompetitive broader ...
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 ...
Nestle India share price dropped 3.94 percent in October 17 trade to its intraday low of Rs 2,365 per share on the NSE after the the FMCG major reported marginal fall in the September quarter ...