The packaged goods giant also plans to fix, rather than sell, the majority of its underperforming businesses, CEO Laurent ...

VEVEY, Switzerland ― Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into a standalone global unit as it ...

The world’s biggest coffee maker, Nestle SA, will continue raising prices and make packs smaller to limit the impact of ...

Nestle on Tuesday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of packaged foods, ...

CEO Laurent Freixe, a 40-year veteran of the world's biggest food company, took the reins in September replacing ousted Mark ...

Nestle will step up advertising and marketing, cut costs, split its water and premium drinks business out of the rest of the ...

This comes after Nestle launched a growth-focused strategy under Chief Executive Laurent Freixe's plan to revive sales growth at the Swiss food giant. Freixe now seeks to step up investment in ...

Recently-appointed boss Laurent Freixe is aiming to make savings to channel spending into advertising and marketing as part of a turnaround plan.

The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up ...

Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium ...

The 2024 presidential election season differs from its predecessors in one crucial way: It is the first to feature an increased usage of generative artificial intelligence (GenAI) by advertisers ...

TESCO has rolled out a host of early Black Friday deals with shoppers able to bag discounts worth up to 69%. The UK's biggest supermarket has joined other retailers in slashing prices on products ...