Wegovy

Nestlé CEO Says Weight-Loss Drugs No Threat To Coffee Business

Nestlé sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegov...

AB Foods 'Not Worried' About Food Demand Impact Of New Weight-Loss Drugs

Associated British Foods one of the world's biggest producers of bread, cereals and hot drinks, is not concerned about the impact on demand from...

Why Brewers Aren't Worried About Wegovy Users Drinking Less Beer

Global brewers AB InBev and Carlsberg this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop i...

Nestlé Begins Work On 'Companion Products' For Weight Loss Drugs

Nestlé said it has started work on products to 'companion' weight loss drugs like Novo Nordisk's game-changing Wegovy, hoping to cash in on their gr...

Nestlé Misses Nine-Month Sales Estimates, Expects Volume Upturn By Year-End

Nestlé has posted lower-than-expected nine-month sales growth as higher product prices made shoppers balk, but said it expects volumes to turn posit...

LVMH Sales Growth Loses Fizz As Post-Pandemic Splurge Wanes

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due t...

Nestlé Shares At Two-Year Low As Investors Weigh Wegovy Rollout

Nestlé shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's blockbuster weight-losing drug Weg...

Subscribe Today

Get the app today!