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
Borsodi is the official beer of the Hungarian national football team
Borsodi Brewery and the Hungarian Football Federation have signed a…
Read more >
Nestlé invests CHF 80m in plant-based food plant in Serbia
Swiss food giant Nestlé has invested CHF 80m in the…
Read more >
Starbucks celebrates Earth Day by drinking coffee together and making environmentally conscious decisions
Starbucks believes that with the power of example and cooperation,…
Read more >Related news
GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >
We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of…
Read more >
Eisberg’s campaign to encourage healthy eating has started
We should consume at least five servings of vegetables or…
Read more >
