Nestlé insists it is “on top of” an unexpected supply chain problem which emerged in the US in August and has since hit sales of its dietary supplements in North America. The company revealed the issue as it reported flat sales at its Health Science business for the opening nine months of 2023.
Nestlé Health Science has been blindsided by a supply chain problem impacting vitamin, mineral and supplement sales in North America.
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The firms recently announced they will operate as combined company LXE Hearing marketing Eargo’s namesake line and hearX’s Lexie brands. Eargo majority owner Patient Square Capital added $100m to its investment.
Two nail care ingredients included in the European Commission’s Omnibus VII, which includes about two dozen ingredients overall, are banned in Europe in September.
A round-up of the latest European health & wellness market moves: Maxwellia names chief operating officer; Nestle appoints marketing & sales head; Alland & Robert gets deputy general manager.
