Nestlé is reportedly considering selling its premium coffee brand Blue Bottle Coffee, working with Morgan Stanley to explore ...
Nestle (OTCPK:NSRGY) is considering selling its Blue Bottle Coffee chain as the company looks to streamline its portfolio.
Nestlé acquired a controlling interest in Blue Bottle in 2017 in a deal that valued the US business at about $700m.
The review is part of a wider restructuring led by CEO Philipp Navratil, who is seeking to simplify the group’s portfolio.
Already a dominant player in coffee with 22% of the nearly $108bn global retail market, Nestlé wants to capture additional share and drive growth in- and out-of-home in the coming years as consumption ...
Nestlé coffee farmer checking the quality of freshly picked coffee cherries (Image credit: Nestlé // Flickr) Nestlé today (4 October) set out its latest efforts to make its coffee business more ...
Swiss food and beverage giant Nestlé is closing its 75-year-old coffee plant in Freehold by the end of the year. The Jerseyville Avenue facility is scheduled to shut down in November, with the final ...
FREEHOLD — A fire in a coffee roaster at Nestle’s USA Beverage Division plant on Jerseyville Avenue brought firefighters from surrounding towns to the borough. The fire, called in at 12:40 p.m., was ...
ZURICH (Reuters) - Nestle and Starbucks expect new products developed under their coffee alliance will help to increase sales, executives from the two companies told Reuters in an interview this week.
Nestlé has seen double-digit growth in coffee, where its brands have been boosted by at-home consumption under global COVID lockdowns. As we emerge into the ‘new normal’, what’s the outlook for the ...
Nestle will tighten quality controls on the coffee beans it buys, after tests flagged levels of the controversial weedkiller glyphosate that were close to regulatory limits. The world’s largest coffee ...