An icon in the shape of a lightning bolt. Impact Link In late September, a select group of people gathered in Gstaad, a posh ski town in the Swiss Alps, for the fifth annual Longevity Investors ...
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 ...
Nestle is reintegrating the Greater China region with the rest of Asia, as new CEO Laurent Freixe unveiled a significant U-turn from its 2021 geographical ‘sharpening’ strategy. Nestle recently ...
LONDON, Oct 18 (Reuters) - Nestle's plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy ...
The Nestlé Board of Directors has approved changes to the company’s organisation and its Executive Board, effective 1 January 2025. Zone Latin America (LATAM) and Zone North America (NA) will merge to ...
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 ...
Nestle’s new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a “painful reset” for the global food giant.
The organisational changes announced on Thursday include the merging of North and Latin America into one reporting unit, with the unit lead operating from Nestle’s Swiss headquarters ...
The last Nestlé restructuring took place in 2022, under then-CEO Mark Schneider. Under that structure, the company focused on building local relevance within its five core regions. As part of these ...
The US Supreme Court has ruled food giants Nestlé USA and Cargill can't be sued for child slavery on African farms from where they buy their cocoa. Six African men alleged that they were ...
One fan posted about launching a petition in an attempt to convince consumer giant Nestle to reinstate the bars. Caramac was originally created by Mackintosh's and since it launched over 60 years ...