Tag: Nestl

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Nestlé raises prices by 6.5% in first six months of the year

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The maker of KitKat, Nespresso, Häagen-Dazs ice-cream and Maggi stock cubes has blamed “significant and unprecedented cost inflation” for a 6.5% rise in prices in the first half of this year. Nestlé’s sales rose ahead...

Nestlé says more price rises are coming after 5.2% increase

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Nestlé, the owner of KitKat, Häagen-Dazs and Felix cat food, raised its prices by 5.2% in the first three months of this year and has said rising costs will force another increase soon. Mark Schneider, its chief execu...

Nestlé stops production and sales of non-essential goods in Russia

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Nestlé has bowed to pressure and stopped the local production and sales of non-essential goods such as KitKats and Nesquik in Russia. The food and drinks group announced this week that it had stopped the import and ex...

Vrimp your shrimp: Nestlé launches faux seafood product made from seaweed

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First Vuna salad was added to the menu, now Vrimp is on there too as the world’s biggest food company capitalises on the growth of vegan and vegetarian diets with a new faux-seafood product. Nestlé describes Vrimp, ma...

Nestlé plans to cut almost 600 UK jobs and shut Newcastle factory

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Nestlé is planning to cut almost 600 jobs in the UK, close a factory and switch production of some products to Europe. The Swiss-owned confectioner said it was considering closing its site in Fawdon, Newcastle upon Ty...

Drought-hit California orders Nestlé to stop pumping millions of gallons of water

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California water officials have moved to stop Nestlé from siphoning millions of gallons of water out of California’s San Bernardino forest, which it bottles and sells as Arrowhead brand water, as drought conditions wo...