Hsu Fu Chi

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Nestle on China, candy, nutrition - analysis

Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate...

Nestle's sales miss - 10 things to learn

Nestle missed analyst expectations for its sales growth today (16 October), when the world's largest food maker reported sales of CHF64.8bn...

Dean Best | 28 Apr 2015

Nestle's operations in Asia, Oceania and Africa have had a challenging few quarters. CFO Wan Ling Martello has been asked to take charge of the division to try to revitalise its performance - and must focus on China.

Katy Askew | 15 Jul 2013

Success in emerging markets is dependent on the ability to think locally. However, while domestic players do have the home field advantage, multinational corporations benefit from stringent internal structures and expertise in areas such as supply chain management. Could the best way to drive growth be to combine the strengths of each, creating "multi-local" operations? Nestle would seem to think so.

Dean Best | 17 Jun 2013

To succeed in emerging markets, you have to think - and act - locally. That was the central message from just-food's interview with the boss of Nestle's business in Greater China, Roland Decorvet.

Katy Askew | 22 Oct 2012

The impact of the global economic crisis can be seen in consumer behaviour the world over and last week it was announced that - as expected - China's economic growth rate slipped during the third-quarter. This has raised concerns that companies attempting to offset weakness in developed economies by tapping into the potential of this emerging world powerhouse could be in for a tough time. Nevertheless, Katy Askew suggests, the underlying growth drivers in China mean that the "sleeping giant's" potential remains vast.

Latest Interviews

Katy Askew | 13 Jun 2013

Nestle is witnessing dynamic growth in China thanks to a combination of M&A and organic growth. As we discovered in part one of this two part interview, regional chief Roland Decorvet attributes much of this success to Nestle's use of local and global brands. But operating in China is not without its challenges. Katy Askew caught up with Decorvet to find out more about why he believes Nestle is best-placed of all the multinationals to succeed in China.

Katy Askew | 13 Jun 2013

The potential offered by the Chinese market is nothing new. And nor is Nestle's presence in the country. The world's largest food group started trading in Hong Kong in 1874 and opened its first sales office on the mainland in 1908. In recent years Nestle has stepped up the pace with the development of a distinctive model it believes will drive expansion. In part one of the just-food interview, Roland Decorvet, chairman and CEO of Nestle Greater China, spoke to Katy Askew about the company's strategy in the market.

Latest News

Katy Askew | 18 Jul 2013

Nestle is driving revenue growth ahead of the market in China, where sales gains have accelerated this year, Nestle regional chief Roland Decorvet has indicated.

Katy Askew | 18 Oct 2012

Swiss food giant has revealed that it plans to double the number of research and development facilities it operates in China from two to four next year.

Sam Webb | 9 Sep 2011

Nestle, the world's largest food maker, is reportedly interested in buying Russian baby food and juice maker Progress.

Dean Best | 15 Jul 2011

Premier Foods' appointment of Kraft's Mike Clarke as its new CEO this week was a surprise move but one welcomed by the market. Investors in Brasil Foods were also cheered by the news that the 2009 merger that created the company was cleared by Brazil's competition watchdog. However, a plan to combine Brazil's largest retailer, CBD, with Carrefour's local operations was halted amid continued opposition from Casino, which prompted the country's national development bank to pull planned funding for the deal. Click on the headlines for more.

Dean Best | 15 Jul 2011

In an eventful week, the plan to merge Brazil's largest retailer with Carrefour's local operations was called off, new CEOs were appointed at Premier Foods plc and Fonterra and Greencore made an offer to buy UK private-label firm Uniq. Click on the links for more coverage of the stories.

Dean Best | 11 Jul 2011

Nestle today (11 July) ended the speculation over its interest in Hsu Fu Chi with the announcement that it intends to buy a majority stake in the Chinese confectioner.

Dean Best | 8 Jul 2011

The tussle over Brazil's largest retailer rumbled on this week, while Nestle's interest in Chinese confectioner Hsu Fu Chi gave industry watchers something to chew over. Meanwhile, away from the emerging markets, a key EU vote brought new food labelling laws a step closer.

James Jordan | 8 Jul 2011

This week, it was revealed that Nestle is in talks with Chinese confectioner Hsu Fu Chi, while on the retail front, South Africa's Pick n Pay revealed plans to make more than 3,000 people redundant. The fight over control of Brazilian retailer CBD continued with Casino, Carrefour and the Diniz Group all trading barbs. Here's the best of what was said this week:

Petah Marian | 5 Jul 2011

Nestle has confirmed it is in talks about a possible takeover of Chinese confectionery company Hsu Fu Chi.

Petah Marian | 4 Jul 2011

Chinese confectioner Hsu Fu Chi today (4 June) confirmed that it has held talks with Nestle over a potential takeover.

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