Archives for June 11, 2013

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ANALYST BELIEVES IS 'VERY BAD NEWS' FOR NESPRESSO

Nestlé shrugs off Mondelez move to launch copycat Nespresso pods

By Ben BOUCKLEY

Nestlé tells BeverageDaily.com that ‘competition is nothing new’ to Nespresso after bitter rival Mondelez said it would launch system-compatible pods in the EU, but one beverage industry analyst warned it was 'very bad news' for the brand.