Nestlé says over half of its food ‘will never be healthy’ in an internal presentation to top executives, according to a report

Nestle candy products are displayed the company’s news conference in New York October 22, 2010. Nestle, the world’s biggest food group, beat forecasts with a 5.7 percent rise in nine-month underlying sales thanks to strong demand in emerging markets, price rises and a thriving Nespresso coffee business. REUTERS/Brendan McDermid The majority of Nestlé’s food and … Read more

Reliance Retail’s private labels revolution spooks global consumer goods makers

Inside supermarkets of Reliance Retail, run by India’s richest man, Mukesh Ambani, little-known food and home cleaning brands take pride of place on shelves alongside global labels owned by giants Nestle, Unilever and Coca-Cola. Products like Snac tac noodles and Yeah! colas are Reliance’s private label brands – and billionaire Ambani’s not-so-secret weapons as he … Read more