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Nestlé Announces CEO Change In Zone Europe Business

Nestlé has announced that Marco Settembri, executive vice president and chief executive of the food giant's Zone Europe business is set to retire.

Nestlé, Danone See Price Hikes Slowing After Years Of Sharp Increases

Two of the world's top consumer goods companies, Danone and Nestlé, said they will slow price increases in 2024 after two years of hikes that prompt...

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...

Nestlé And Starbucks Celebrate Five Years Of Global Coffee Alliance

Nestlé and Starbucks are celebrating five years of their global coffee alliance, established in 2018 to accelerate and expand Starbucks brands in co...

Nestlé Divests Palforzia Allergy Treatment Business

Food giant Nestlé has divested Palforzia, its peanut allergy treatment business, to biopharmaceutical firm Stallergenes Greer.

Nestlé Beats First-Half Organic Sales Expectations

Nestlé improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world's biggest packaged food...

Nestlé Announces New Head Of Operations, Magdi Batato To Step Down

Nestlé has announced that Magdi Batato, its head of operations and executive vice president, is to step down from the consumer goods giant after a 3...

Nestlé Beats Quarterly Sales Estimates Following Price Hikes

Nestlé has reported slightly better-than-expected first-quarter sales, as the world's biggest packaged food company increased prices to offset tepid...