Nestlé ramps up restructuring with Blue Bottle Coffee sale and job cuts
Nestlé has agreed to sell Blue Bottle Coffee as part of its ongoing restructuring, marking a retreat from specialty retail coffee. The move aligns with the company’s strategy to streamline its portfolio and focus on scalable global brands, particularly in coffee, where Nescafé and Nespresso continue to drive growth. The divestment comes as Nestlé accelerates…