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Nestle News

Nestle to face lawsuit saying Poland Spring water not from a spring: US Judge

According to the amended complaint, Nestle Waters sells 1 billion gallons of Poland Spring a year in the US, and "not one drop" of its water "emanates from a water source that qualifies as a genuine legal 'natural spring.'"

Nestle boosts Ruby chocolate range after driving viral sensation

As the first new type of chocolate in 80 years celebrates its one-year anniversary, Nestle is launching a new type of ruby Kitkat in Japan that contains dried cranberries and nuts.

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Maggi case: Supreme Court allows consumer panel to hear suit seeking damages from Nestle

The SC was hearing an appeal by Nestle against the NCDRC order directing that the samples be sent to labs in Chennai and Mumbai after they had been sent to CTCRI.

Maggi attains over 60 per cent market share, touches pre-crisis level in value terms

Maggi was banned by Food Safety and Standards Authority of India in June 2015 for five months for allegedly containing lead beyond permissible limits, forcing Nestle India to withdraw the product from the market.

Nestle pays $7.15 billion to sell Starbucks products

Nestle, which will take on about 500 Starbucks employees as part of the deal, says its ongoing share buyback program would remain unchanged. The agreement will strengthen Nestle's position in the United States, where it is only the No. 5 player with less than 5 percent of the market.

Nestle provides lifeline for struggling Kenyan coffee farmers

Alarmed by a steep drop in the country's production, Nestle, which buys 10 per cent of the world's coffee and has the leading packaged coffee business, is working with farmers to guarantee its supplies.

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Nestle targets profit margin to satisfy investor hunger

Investors were looking for Nestle's new chief executive Mark Schneider to demonstrate that it has a strong strategy to improve performance following four years of missing sales targets as the food sector's growth cools

Nestle partners with Alibaba to boost its online sales

Under the new initiative, Nestle will launch campaign with its diverse products, spanning 30 brands from coffee to baby formula in Alibaba platforms such as Tmall.

Nestle to now move into milk allergy testing for infants

The deal underscores Nestle's ambitions for its Health Science division, which it believes could eventually generate more than 10 billion Swiss francs ($10 billion) in annual sales.

Nestle India Q4 net profit misses estimates

The net profit was well below the 3.20 billion rupees Nestle India posted a year earlier.

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