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News Breaks
February 11, 2014
05:19 EDTNSRGYNestle creates Nestle Skin Health
Over several sessions the Nestle board has elaborated and approved a broadened strategic long-term orientation for the company, building on Nestlé's historic strength as a science-based nutrition, health and wellness company. The recent creation of Nestlé Health Science S.A. and the Nestlé Institute of Health Sciences reinforced this strategic direction and focus on helping consumers lead a healthier life through nutritional solutions from food and beverages to life-enhancing scientific products. Responding to increasing consumer needs, Nestle will extend its activities to include the field of specialised, medical skin treatments through the creation of Nestlé Skin Health S.A., a global leader focused on meeting the world's increasing skin health needs with a broad range of innovative and scientifically-proven products. Nestlé Skin Health S.A. will be managed as a wholly-owned Nestlé subsidiary with its own board and headquarters located in Lausanne.
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link

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