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

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

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

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

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

Mr Freixe revealed that the company will redirect spending towards advertising and marketing ... The company, which also ...

Nestlé unveiled an ambitious cost-cutting initiative and reduced its profit outlook on Tuesday, as new chief executive ...

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 ...

Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone ...

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