Nestlé

Nestlé To Examine Banking Relationships Following Credit Suisse Downfall

Nestlé will examine its banking relationships following the planned take-over of Credit Suisse by UBS.

Diageo Names Debra Crew As New CEO

Diageo on Tuesday appointed chief operating officer Debra Crew as CEO to replace retiring long-time boss Ivan Menezes, becoming one of only a handful...

Danone Sources Whey From Asia As Costs In Europe Rise

France's Danone is getting more whey and aluminium from parts of Asia.

Did You Know ...? 21 March 2023

Russian food retailer X5 has said declining profit in its fourth quarter was partly owing to aggressive expansion of its network of discount stores as Russ...

Ireland’s Top 5 Biscuit Brands Are Making Dough

Biscuits is the 7th biggest category in grocery in Ireland, according to the top 100 categories, in Checkout's Top 100 Brands 2022, in association with Nie...

Danone Eyes Better Margins In 2023, Q4 Sales Top Estimates

Danone like-for-like quarterly sales growth topped estimates on Wednesday on the back of higher prices amid soaring raw materials and energy costs whi...

Nestlé Full Year Profit Misses Forecasts Despite Price Increases

Nestlé reported weaker than expected full year net profit despite the world's biggest food group passing on higher raw material costs by hiking pric...

Shoppers To Face Fresh Price Hikes As Stores, Suppliers Pass On Costs

Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unl...