
Nestlé's fraud allegedly netted the industry giant over €500 million
More than €500 million. That is the estimated profit Nestlé (Perrier, Vittel, Hépar, Contrex) allegedly made from its mineral water fraud, according to a French Sénat inquiry commission, which released its findings on Monday, May 19. The report, revealed by Le Monde and Radio France, exposes a "deliberate strategy of concealment" by the major agri-food group and the French government. The consequences of this cover-up resulted in "excessive delays that allowed violations regarding consumer deception and health risk emergence to take root," noted Alexandre Ouizille, the commission's rapporteur and a Socialist senator.
On August 31, 2021, the world leader in bottled water, under pressure from a whistleblower exposing similar practices about its competitor, Sources Alma (Cristaline, St-Yorre…), informed the French Ministry of Industry it was using banned filtration techniques (charcoal filters, UV, microfiltrations). However, the company was ordered to remove these treatments (charcoal and UV filters) a lot later and was only recently asked, in April, to abandon illegal microfiltration systems below 0.2 microns (Perrier) and 0.45 microns (Vittel, Hépar, Contrex).

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Fashion Network
6 hours ago
- Fashion Network
China says it is working with France on trade differnces, no sign yet of a cognac deal
China and France have agreed to resolve their trade disputes through dialogue, China's foreign ministry said on Friday, though there was no indication that agreement had been reached in talks on lifting Chinese levies on European brandy. Talks to resolve the cognac dispute accelerated this week with China's commerce minister Wang Wentao meeting his French counterpart in Paris on the sidelines of an OECD conference, and technical talks on the matter taking place in Beijing. The latest round of negotiations have raised hopes of a settlement, two industry sources with knowledge of the discussions said. "The two sides have reached consensus on resolving economic and trade issues through dialogue and consultation", the Chinese foreign ministry said after a call between the Chinese and French foreign ministers. Chinese anti-dumping measures that applied duties of up to 39% on imports of European brandy - with French cognac bearing the brunt - have strained relations between Paris and Beijing. The brandy duties were enforced days after the European Union took action against Chinese-made electric vehicle imports to shield its local industry, prompting France's President Emmanuel Macron to accuse Beijing of "pure retaliation". The Chinese duties have dented sales of brands including LVMH 's Hennessy, Pernod Ricard 's Martell and Remy Cointreau. Beijing was initially meant to make a final decision on the duties by January, but extended the deadline to April and then again to July 5. China is seeking to strengthen trade ties with the 27-member bloc as relations with the United States have soured in the escalating trade war. "France will not compromise on ... the protection of its industries, such as cognac," French trade minister Laurent Saint-Martin said after talks with Wang on Wednesday. Chinese officials, meanwhile, signalled to industry officials during three rounds of technical meetings in Beijing this week they wanted to settle the matter, one of the sources said, but added some sticking points remained. With annual imports of around $1.7 billion last year, China is the French brandy industry's most important measured by value and the second-largest by volume after the United States. © Thomson Reuters 2025 All rights reserved.


Fashion Network
6 hours ago
- Fashion Network
Printemps hosts Perelman Performing Arts Center announcement of DVF as next Icon of Culture
Having only been in lower Manhattan for under four months, Printemps New York is proving its good neighbor status and dedication to the Financial District. The French retailer opened its doors for an event to kick off the buzz for this fall's annual Perelman Performing Arts Center, aka PAC NYC's Icon of Culture Gala. Hosted by PAC chair and former Big Apple hizzoner Michael R. Bloomberg; supermodel, entrepreneur, and philanthropist, Karlie Kloss; and Printemps Americas CEO, Thierry Prevost, the cocktail announced iconic fashion legend and Légion d'Honneur recipient Diane Von Furstenberg as the 2025 PAC NYC Icon of Culture at the upcoming October black-tie event to benefit the newly opened arts center. The event marks the second Icons of Culture fundraising gala. The kickoff event was held in the new French store—designed by French architect Laura Gonzales that defies the department store moniker— in its famous Red Room shoe salon and adjacent bar, one of five food and beverage locales in the store. While Von Furstenberg was out of town and unable to attend, DVF Studio's CEO, Graziano de Boni, and his wife, Valerie, and VP of philanthropy, Luisella Meloni, showed up in support of the pioneer female fashion designer. Von Furstenberg is being honored not only for her contributions to the city but her 50-year impact on fashion and her role as a mentor and advocate for girls and women around the world. Speaking to a crowd which included Fern Mallis, Derek Blasberg, Drena De Niro, Samantha and Caleigh Perelman, and Born This Way Foundation president and co-founder Cynthia Germanotta, and Lady Gaga's mother. Bloomberg called von Furstenberg "a towering figure in the arts and culture here in New York," adding, "She's one of the most influential names in fashion, an industry at the heart of our city's economy. She's been a tireless advocate for the industry and a generous philanthropist with her leadership on public projects like the High Line and the Statue of Liberty Museum. She's deeply committed to our city, and her support and investment have helped build a bright future here." Following his remarks, a visibly pregnant Karlie Kloss, a longtime collaborator and friend of von Furstenberg, spoke about her relationship with the designer. "I first met Diane when I was 15 years old in New York, and I remember being enamored with her elegance, her confidence, and her style. Diane has been one of my fiercest champions and greatest teachers throughout my career. I've learned so much from her, but especially to be unapologetically myself. She has shown us all what a purposeful life looks like, and I can't think of anyone more deserving of this award," said Kloss. Thierry Prevost, CEO of Printemps Americas, emphasized the brand's commitment to the downtown neighborhood: "Printemps is proud to contribute to the renewal of Lower Manhattan, a neighborhood whose vitality owes much to the vision and leadership of Mike Bloomberg. We're equally honored to host PAC at Printemps New York ahead of their October Icons of Culture Gala. This year, they have named Diane von Furstenberg - an icon of fashion and culture, and a woman whose bold spirit and lasting influence personify the values we stand for - as the 2025 award recipient." Provost reiterated the sentiment of Printemps's chairman Jean-Marc Bellaiche, who spoke to at the store's March opening about the area that "boasts Casa Cipriani, a performing arts center, fashion brands like Altuzarra and the cool crowd over at WSA, another architectural gem, the Beekman Hotel, good schools, green spaces, and Jean Georges Tin Building." At the time, Bellaiche doubled down on his conviction of the area. "We are convinced that this is a neighborhood of tomorrow. It's up and coming. It's more and more residential. The people and businesses that were here are different than 15 years ago. Now, it's not just bankers; it's fashion, it's tech, it's media, and it's all here. It's a vibrant community that is becoming more attractive for any New Yorker," he said. The 108th mayor of New York City was the connector for the event and spearheaded bringing the creatives together. Bloomberg's dedication to the area began when his term started in January of 2002, as the city was still reeling from the 9/11 attacks. The then-mayor and his administration were determined to bring the area back together and make it bigger and better, developing the typically work-only area into a 24-hour neighborhood with housing, parks, and new businesses. Part of the plan was the arts. The idea came to fruition with the help of the Lower Manhattan Development Corporation, who made the first central pledge, and Ronald Perelman, for which it was named. PAC NYC brings vibrant dancers, musicians, artists, filmmakers, and other creators from across New York City for performances and exhibitions.


Fashion Network
7 hours ago
- Fashion Network
Printemps hosts Perelman Performing Arts Center announcement of DVF as next Icon of Culture
Having only been in lower Manhattan for under four months, Printemps New York is proving its good neighbor status and dedication to the Financial District. The French retailer opened its doors for an event to kick off the buzz for this fall's annual Perelman Performing Arts Center, aka PAC NYC's Icon of Culture Gala. Hosted by PAC chair and former Big Apple hizzoner Michael R. Bloomberg; supermodel, entrepreneur, and philanthropist, Karlie Kloss; and Printemps Americas CEO, Thierry Prevost, the cocktail announced iconic fashion legend and Légion d'Honneur recipient Diane Von Furstenberg as the 2025 PAC NYC Icon of Culture at the upcoming October black-tie event to benefit the newly opened arts center. The event marks the second Icons of Culture fundraising gala. The kickoff event was held in the new French store—designed by French architect Laura Gonzales that defies the department store moniker— in its famous Red Room shoe salon and adjacent bar, one of five food and beverage locales in the store. While Von Furstenberg was out of town and unable to attend, DVF Studio's CEO, Graziano de Boni, and his wife, Valerie, and VP of philanthropy, Luisella Meloni, showed up in support of the pioneer female fashion designer. Von Furstenberg is being honored not only for her contributions to the city but her 50-year impact on fashion and her role as a mentor and advocate for girls and women around the world. Speaking to a crowd which included Fern Mallis, Derek Blasberg, Drena De Niro, Samantha and Caleigh Perelman, and Born This Way Foundation president and co-founder Cynthia Germanotta, and Lady Gaga's mother. Bloomberg called von Furstenberg "a towering figure in the arts and culture here in New York," adding, "She's one of the most influential names in fashion, an industry at the heart of our city's economy. She's been a tireless advocate for the industry and a generous philanthropist with her leadership on public projects like the High Line and the Statue of Liberty Museum. She's deeply committed to our city, and her support and investment have helped build a bright future here." Following his remarks, a visibly pregnant Karlie Kloss, a longtime collaborator and friend of von Furstenberg, spoke about her relationship with the designer. "I first met Diane when I was 15 years old in New York, and I remember being enamored with her elegance, her confidence, and her style. Diane has been one of my fiercest champions and greatest teachers throughout my career. I've learned so much from her, but especially to be unapologetically myself. She has shown us all what a purposeful life looks like, and I can't think of anyone more deserving of this award," said Kloss. Thierry Prevost, CEO of Printemps Americas, emphasized the brand's commitment to the downtown neighborhood: "Printemps is proud to contribute to the renewal of Lower Manhattan, a neighborhood whose vitality owes much to the vision and leadership of Mike Bloomberg. We're equally honored to host PAC at Printemps New York ahead of their October Icons of Culture Gala. This year, they have named Diane von Furstenberg - an icon of fashion and culture, and a woman whose bold spirit and lasting influence personify the values we stand for - as the 2025 award recipient." Provost reiterated the sentiment of Printemps's chairman Jean-Marc Bellaiche, who spoke to at the store's March opening about the area that "boasts Casa Cipriani, a performing arts center, fashion brands like Altuzarra and the cool crowd over at WSA, another architectural gem, the Beekman Hotel, good schools, green spaces, and Jean Georges Tin Building." At the time, Bellaiche doubled down on his conviction of the area. "We are convinced that this is a neighborhood of tomorrow. It's up and coming. It's more and more residential. The people and businesses that were here are different than 15 years ago. Now, it's not just bankers; it's fashion, it's tech, it's media, and it's all here. It's a vibrant community that is becoming more attractive for any New Yorker," he said. The 108th mayor of New York City was the connector for the event and spearheaded bringing the creatives together. Bloomberg's dedication to the area began when his term started in January of 2002, as the city was still reeling from the 9/11 attacks. The then-mayor and his administration were determined to bring the area back together and make it bigger and better, developing the typically work-only area into a 24-hour neighborhood with housing, parks, and new businesses. Part of the plan was the arts. The idea came to fruition with the help of the Lower Manhattan Development Corporation, who made the first central pledge, and Ronald Perelman, for which it was named. PAC NYC brings vibrant dancers, musicians, artists, filmmakers, and other creators from across New York City for performances and exhibitions.