Nestle to cut costs by $2.8 bn, boost marketing under CEO Laurent Freixe
The repercussions continue to weigh on the Swiss company's revenue after shoppers switched to cheaper, better advertised or ...
Nestle to cut more costs, step up marketing under CEO Freixe
Nestle, under new CEO Laurent Freixe, is planning a series of changes to boost growth. The company will increase advertising ...
Food Processing4h
Nestlé To Separate Global Waters Biz as Part of Acceleration
New CEO Laurent Freixe’s plan includes ‘targeted investments in winning brands and growth platforms, more focused innovation ...
Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs
Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO ...
Nestle to cut costs, boost marketing under CEO Freixe
Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone ...
RTE Online16h
Nestle to cut costs, boost marketing under new CEO Freixe
Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone ...
Food Dive9h
Nestlé to cut $2.8B in costs, separate water into standalone business
The packaged goods giant also plans to fix, rather than sell, the majority of its underperforming businesses, CEO Laurent ...
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up ...
Nestle to cut $2.8 billion of costs by 2027, boost marketing under CEO Freixe
Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium ...
Nestle ramps up cost-cutting by another £2.2bn in overhaul
Nestle ramps up cost-cutting by another £2.2bn in overhaul - Recently-appointed boss Laurent Freixe is aiming to make savings ...