Beyond Meat: Pricey vegan alternative’s revenue falls 30 per cent as forecast slashed Beyond hope Beyond Meat slashed its annual forecast for the year as its revenues plummeted 30 per cent in the second quarter due to customers becoming more reluctant to buy into pricey fake meat alternatives amid the cost of living crisis. The US company, which supplies its vegan plant based burger patties to the likes of McDonald’s, [...]
Beyond Meat exec arrested for biting man during road rage incident Beyond Meat A top executive at one of the world’s biggest fake meat sellers has been arrested for biting flesh off another man’s nose, according to US media reports. Douglas Ramsey, who joined Beyond Meat last December, faces charges of third-degree battery and “terroristic threatening,” police reports show The 53-year-old chief operating officer was arrested on Saturday [...]
Short-sellers pile into Beyond Meat as investors doubt plant-based meat boom Beyond Meat Short sellers have piled into the US plant-based meat firm Beyond Meat as investors begin to question the advent of the plant-based meat boom.
Say bye to fake burgers: lab-grown meat will be the rising star of the food revolution September 5, 2023 The real deal with meat alternatives will be lab-grown meat. It could change the rules of the food game once it enters the UK market, writes Phoebe Arslanagic-Wakefield
This™: Plant-based protein firm backs profitability despite fears UK’s appetite for vegan food is waning October 5, 2023 The boss of plant-based protein maker This™ has insisted the firm is on track for profitability, despite fears the appetite for vegan products is fading.
Oatly’s shares sour as alternative milk maker plans heavy job cuts November 14, 2022 Oatly has unveiled a brutal plan to cut its workforce and axed its annual revenue forecasts, after posting wider than expected quarterly losses
Meatless Farm wants to drive down prices to win cash-strapped customers February 27, 2023 Morten Toft Bech, the Dutch founder of plant-based company Meatless Farm, launched his company in an effort to save the planet. “Animal protein is unsustainable,” claims Bech, comparing it to driving an old car full of polluting fuel. The public has been made aware of this argument for years, with numerous documentaries warning about how [...]
Veganuary restaurants in London: The best vegan food around January 2, 2024 ‘Veganuary’ is upon us, but there’s so much more to London’s vegan food scene than the one-month fad can do justice to
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large February 29, 2024 Asia mirrors Wall Street's decline, bitcoin breaches $60,000, and oil prices fall; all eyes are on US PCE inflation data for market direction.
Investors butcher Beyond Meat despite first profitable results October 29, 2019 Shares in Beyond Meat plunged 20 per cent as the lockup period for early investors ended, despite the plant-based food company reporting its first quarterly profit. Beyond Meat shares dropped over 20 per cent in trading before the bell on Tuesday as around three quarters of its stock became eligible for trading, giving early backers [...]