Nestlé International Travel Retail (NITR) has launched a limited edition of Quality Street in the Middle East region, suitable for the approaching holy month of Ramadan.

The specially designed 850g tin is exclusive to travel retail and has a sleeve that features a gold Arabic theme depicting symbolic elements. NITR customer marketing manager, Alan Brennan, notes, “This is the fifth year we have offered the Quality Street Ramadan gift tin. It fits perfectly within our Perfect Store compete...

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Nestlé has officially opened a £1 million extension to its simulated shopping centre in the UK. The Insight and Learning Centre is one of a worldwide series of centres established to provide retailers with the strategic insight to optimise their sales while growing Nestlé’s range of products in stores.

Combining consumer and shopper research with digital technology, the centres are used to demonstrate how people behave when shopping and when using Nestlé products at home. The York cent...

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Nestle will use price increases as a last resort in the face of rising raw material costs, says its CEO, and only after implementing its 4-point strategy based on trend predictions, engaging suppliers, replacing ingredients, and cutting down waste.
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Nestlé and PepsiCo are capitalising on local beliefs in the effectiveness of traditional folk medicine in a bid to capitalise on growing health concerns among Asian consumers.

Five of Nestlé's most promising lines are already being tested in China.In total, Nestlé is to invest $500 million (€370m; £314m) globally over the coming decade on health foods.

One of the company's ongoing clinical trials involves a mulberry yogurt for diabetics that supposedly aids the digestion of glucose. Other...
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Nestlé  announced  yesterday that pharmaceuticals group Novartis had exercised its call option to buy a 52% stake in Alcon for around US$28bn in cash. Novartis has bought 25% of Alcon in April 2008 for $10.4bn and plans to buy the remaining 23% of the business, offering investors a 12% premium if they agree to exchange their Alcon shares for Novartis ones. The move will cost around $11.2bn

Nestle has also confirmed that it plans to invest GBP15m (US$24.2m) over the next three years to upgrade...

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Lindt & Sprungli, the upmarket Swiss chocolate maker, is the sector’s “obvious” takeover target and could be snapped up next year, one analyst has claimed - with Nestle seen as the favourite to buy the business. Jon Cox, an analyst at Kepler Capital Markets in Zurich,  cut his estimate for Lindt’s share price in 2010, citing the pressure rising cocoa costs will put on margins. In August, Lindt reported a slump in half-year profits and Cox argued that the company could issue a profit w...

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