Nestlé SA is exploring a sale of the majority of its North America waters business, including brands like Poland Spring and Pure Life, as the world’s largest bottled-water maker tries to adapt to shifting consumer tastes. The company will instead focus on upscale and international brands like San Pellegrino and Perrier, as well as functional water, like caffeinated water, which together make up about 20% of its North America sales.

Source: Wall Street Journal June 11, 2020 20:37 UTC