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Thursday, October 17, 2019

Tag: Nestle

Nestle sheds skincare brands

Swiss food giant plans to diversify business by selling division.

Green group accuses Nestle, Unilever of buying palm oil from ‘illegal’...

Rainforest Action Network says major brands bought the oil from a plantation endangering orangutans.

Nestle finds new way to make chocolate without adding sugar

The food and beverage industry is under pressure from consumers and governments to make healthier products.

Nestlé to launch plant-based burger in US this fall

Nestlé is jumping on the plant-based meat bandwagon, with plans to launch its own version of the meat-free burger in the US this fall.

Nestle in talks over US$10 billion skincare sale to EQT Group

Nestle says the deal is subject to employee consultations and will give details on what it plans to do with the proceeds.

Nestle and Unilever raise prices without stunting growth

Nestle and Unilever are attracting the consumer markets, despite selling goods at higher prices.

Nestle races Burger King to serve meatless hamburger patties

Nestle’s announcement comes a day after Burger King said it will start a test run of meatless burgers in the US.

Nestle boosts ruby chocolate range after driving viral sensation

Nestle is launching a new type of ruby Kitkat in Japan that contains dried cranberries and nuts.

Nestle plans vegan push with no-meat burger, purple walnut milk

Nestle is gearing up for its biggest push yet into the booming vegan market with its Incredible Burger, made of soy and wheat protein.

Nestle confirms guidance as Q3 growth ticks up

Nestle's organic sales, which strip out currency swings and acquisitions, rose 2.9% in the third quarter, in line with forecasts.

Lactalis buys Nestle Malaysia’s chilled dairy business in RM166 million deal

Lactalis was at the centre of an earlier health crisis when a salmonella outbreak at a Lactalis milk factory last year led to dozens of babies falling ill.

Nestle puts skin health unit up for sale to focus on...

Nestle agreed to sell its Gerber Life Insurance business for US$1.55 billion, while sources told Reuters it was also bidding for GlaxoSmithKline's Horlicks drink.

Remember when the Milo van came around?

Some things never change.

Nestle wants your DNA

Nestle SA has joined the trend for personalised nutrition with a blend of artificial intelligence, DNA testing and the modern obsession with Instagramming food.

Nestle seals deal to market Starbucks coffee

Since the CEO took over in January 2017, the group has bought a majority stake in California-based high-end brand Blue Bottle Coffee and acquired Texan brand Chameleon Cold Brew.

Nestle Japan bets on genetic tests to boost supplements business

Nestle has seen increasing demand for a Japanese subscription program for nutrition that can cost about US$600 a year for capsules and other products.

Nestle Japan bets on genetic tests to boost supplements business

The world’s biggest food company has seen increasing demand for a Japanese subscription program for nutrition.

Nestlé leads Europe’s response to activists with higher profit

Nestlé and other European brands have been cutting costs, shedding underperforming brands, and returning cash to investors.

illy attracts interest from JAB and Nestlé

However, illy's owners have so far turned down all approaches to be acquired.

Cultural mix a hidden weapon in Nestle CEO’s activist defence

Billionaire hedge fund manager Daniel Loeb's Third Point is urging steps it says can boost margins and double earnings per share at the world's biggest food company by 2022.

New salvo from activist investor turns up heat on Nestle

The letter and presentation, came a year after the firm, run by billionaire investor Daniel Loeb, took a roughly US$3 billion stake in the maker of KitKat bars and Perrier water.

Loeb presses Nestle to fix strategy, sell L’Oreal stake

Loeb fired off a 34-page presentation over the weekend, demanding a far more radical transformation than the world’s largest food company has so far embraced.

Palm oil sustainability group suspends Nestle on failure to submit report

The suspension is effective from the announcement and extends to all Nestle subsidiaries, according to an RSPO statement dated Wednesday.

Nestle pledges to make all its packaging recyclable by 2025

Environmentalists have criticised the plan as lacking substance.