Nestle is prioritizing coffee, pets, and bottled water and that says a lot about the world today.
This week the food and drink company said it would buy back around $20.8 billion worth of its shares over a three-year period, amid growing pressure from New York-based hedge fund Third Point, owner of 1% of Nestle stock.
Coffee We live in a world of workaholics.
Pet care We might be better connected, but we are also lonelier than ever.
Western folk are also choosing to work longer and settle down with kids later.
More people means more food, but simply consuming calories is no longer good enough.
Food has to be of the right sort to make a difference to a child’s growth and development.
Bottled water In an age of wellness, sugar is now the enemy.
But living longer also means staying healthier for longer.
And in the world of wellness, margarine and butter don’t stand a chance.