Loading
Food Navigator News
-
Coca-Cola may sell Costa Coffee after its £3.9bn bet failed to deliver. Analysts cite strategic misalignment, operational challenges, and pandemic pressures. The move reflects a wider trend of CPG giants streamlining portfolios.
-
After Laurent Freixe was dismissed yesterday, Philipp Navratil, the former Nespresso boss, has stepped up as Nestlé's new CEO. Navratil has a global career with a focus on coffee and beverages, making him well-suited to Nestlé's current challenges.
-
JBS launches The Vegetarian Butcher Collective to unite its plant-based brands in Europe, including Vivera and The Vegetarian Butcher, signaling a strategic push into the evolving meat-free market.
-
Nestlé has replaced two CEOs in two years, with shares falling and investor confidence shaken. Discover the timeline behind the leadership shake-up and what’s next under new CEO Philipp Navratil.
-
Kraft Heinz will divide into two publicly traded entities: Global Taste Elevation Co., focused on international and shelf-stable brands like Heinz and Philadelphia, and North American Grocery Co., home to Oscar Mayer and Lunchables. The move aims to simplify operations and sharpen strategic focus.