Nestlé CEO Schneider was ousted, paving way for veteran Freixe, sources say
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Nestlé CEO Mark Schneider was ousted in a sudden move by the world’s biggest foodmaker as a result of the group’s underperformance.
The luxury industry looks to private equity for a reboot
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The recent purchase of Swiss shoe brand Bally by American investment firm Regent is a symbol of the acquisition and consolidation trend in the luxury industry.
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Agricultural research sees new development opportunities for Swiss sparkling wines in the face of declining wine consumption. In a survey, half of consumers expressed a willingness to pay more for local products than for foreign ones.