Starbucks deal seems to pay off for Nestlé
Nestlé and Starbucks hope that the new products developed in their cooperation will help to increase sales. In May 2018 Nestlé paid USD 7.15 billion for rights to sell Starbucks-packaged coffees and teas. Nestlé has developed a range of new products, including Starbucks-branded capsules for its Nespresso and Dolce Gusto single-serve coffee brewers – available in more than 40 markets at the end of 2019. Nestlé revealed that it had generated incremental sales of around EUR 282.8 million with the new products last year.
Related news
Starbucks’ holiday beverage lineup has arrived: new flavors and nostalgic favorites for the winter months
With the arrival of the cold months, Starbucks is once…
Read more >
Nestlé eyes sales jobs cuts in France
According to trade union CFDT Agri-Agro, Nestlé is looking to…
Read more >
CEO Brian Niccol is trying to revive Starbucks with comprehensive changes
Starbucks’ new CEO, Brian Niccol, plans to implement sweeping reforms…
Read more >Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >
Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >
