Nespresso maker Nestlé on Tuesday said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes.
Nestle-owned Nespresso announced Monday it will reintroduce Cuban coffee to the US for the first time in more than 50 years following the easing of United States sanctions on Cuba.
Nespresso on Thursday inaugurated its third Swiss coffee capsule plant, a 300-million-franc ($309-million) facility in Romont, a municipality in the canton of Fribourg.
Swiss firm Ethical Coffee Company said on Monday that it had lodged a complaint in a Paris court against Nestlé for patent infringement with its Nespresso coffee machines.
The Ethical Coffee Company said on Tuesday that a French court ordered Swiss food giant Nestlé to pay it €500,000 ($680,000) in damages for criticizing their coffee capsules.
Nestlé, the world's leading food industry group, saw its sales slide 5.1 percent in the first quarter from the same period in 2013, the Swiss-based company said on Tuesday, blaming the effect of exchange rates and strength of the franc.
Swiss-based Nestlé, the world’s biggest food company, on Thursday reported a net profit of 10 billion francs ($11.14 billion) for 2013, down from 10.6 billion francs in the previous year.
Swiss food giant Nestlé's coffee capsule arm Nespresso said on Tuesday that it had dropped a lawsuit in Germany over alleged patent violations by generic upstart, the Ethical Coffee Company.
Swiss discount supermarket chain Denner can resume selling its brand of Nespresso-compatible coffee capsules across Switzerland following a ruling by a trade tribunal in the canton of Saint Gallen.
A German court rejected on Thursday an application by Swiss food giant Nestlé to ban the sale of unlicensed coffee capsules for its Nespresso coffee machines in Germany.
<p>Coffee capsule company Nespresso said on Thursday it intends to open a new factory in western <span class="il">Switzerland</span> costing 300 million francs ($329 million) to meet growing global demand.</p>
