Northern vegan food company Meatless Farm has entered administration and made its staff redundant, citing a lack of demand for meat-free products.
The Leeds-based company, first established in 2016 by Danish entrepreneur Morten Toft Bech, has become a fixture in major supermarkets over the years – establishing itself in the US, China, and several European countries, and at its peak selling over £11m worth of its plant-based ‘meat’ alternatives.
It had become well known for its meat alternatives with mince, chicken breasts, sausage and burgers once a popular choice, but now after a ‘difficult period’ the company has ceased trading, reports The Hoot.
Image: Meatless Farm
Image: Meatless Farm
On Friday 9 June 2023, Meatless Farm’s 50-strong workforce were made redundant and yesterday 13 June, the company entered administration.
Commercial director Tim Offer announced on his LinkedIn profile: “Sadly, my time at Meatless Farm has come to an end… the business has unfortunately made all the teams redundant.
“I learnt a huge amount in a short space of time and have absolutely loved the people and the brand.”
Image: Meatless Farm
Image: Meatless Farm
Interim finance executive John Loughrey added: “Sadly things have not worked out for Meatless Farm so I am now looking for my next assignment, as will numerous other colleagues.
“I have had a great time in a fantastic company, and have had the honour and pleasure of working with some amazing people. It is a shame the company has not made it through this difficult period and I wish all my former colleagues the best of luck for the future.”
Last month the company hired restructuring specialists Kroll in hopes of finding a buyer for the business.
Kroll announced yesterday that Geoff Bouchier and Benjamin Wiles have been appointed joint administrators to oversee the financial management of the business.
It comes amidst a slump in the overall demand for meat-free products.
Sausage producer Heck, also based in Yorkshire, recently reduced its vegan range citing a similar lack of customer demand for meat-free products.
While some parts of the vegan food industry continue to perform well, such as plant-based milks, cheese and yoghurt, analysis suggests that demand for plant-based ‘meats’ has slowed down.
Daryll Umali, Managing Director at vegan food company Moving Mountains, said: “With one less brand advocating the environmental agenda, the news of Meatless Farms administration is a sad loss for the plantbased movement, and our thoughts are with all those who lost their jobs.
“However, we can confidently say this loss is not a reflection of the plantbased industry’s trajectory – the chopping and changing is part of the maturing process that comes with an evolving new industry.
“This is an exciting and fast-paced race to develop new and delicious products with advanced technologies and genuine IP. Some brands may unfortunately fall short through unsustainable business models, channeling disproportionate funds to brand building, and without a quality product to match the result is unprofitability – this is something our organically grown business isn’t subject to.
“In 2022, YouGov reported one in four consumers are reducing their meat intake. You only have to ask a group of millennials their coffee order (the answers an oat flat white) to hear the demand. And, the buoyancy and growth of Moving Mountains is testament to that unrelenting demand for plantbased options”
Featured image – Meatless Farm
Business
Viral beauty retailer Sephora announces Manchester Arndale opening day plans
Thomas Melia
Viral beauty stockist Sephora has announced the schedule ahead of new Manchester Arndale site’s opening day.
Known for stocking some of the world’s biggest beauty brands, including Sol De Janeiro Rare Beauty by Selena Gomez, Fenty, Huda Beauty, and more, Sephora is making its Manchester Arndale debut this week, and opening day plans have been confirmed.
After opening its first Manchester site inside the Trafford Centre last year, the cosmetics retailer is now really making its mark on Manchester city centre.
Ahead of its new launch inside one of Manchester’s biggest shopping centres, with a almost 5,000 sq ft site inside the Arndale, Sephora is expected to attract huge queues, so the retailer has issued a statement detailing its plans ahead of the opening day.
Sephora has announced plans ahead of its big Manchester Arndale launch event / Credit: The Manc Group
The opening day is this Friday (1 August) from 10am, and from this date, you’ll be able to get your hands on all their glorious goodies and brands.
If you’re eager to be one of the first people to browse this beauty shop and its massive product range, you’ll be able to queue beforehand – with entertainment on the day from 8am, and the opening ceremony from 9:30am.
Similarly to the brand’s Trafford Centre launch, there will be a range of activities, including an appearance from Drag King Don One, DJ sets, Spin the Wheel, and Sephora’s iconic viral gift bags.
These gift bags have become highly-sought-after due to the sheer amount of big names and top quality products you can find inside, and there’ll be 800 of these prized possessions given away throughout the weekend.
This time, however, the cosmetics retailer is trialling a new approach, with anyone who makes an in-store purchase receiving a ‘Sephora Beauty Bonus Card’ which gives you access to goodies and offers without queuing.
You’ll be in with the chance of winning a goodie bag, a mystery lucky dip for a full-sized product, Benefit Wax and Tint Brow Service, 30-minute makeover opportunity, exclusive merchandise, and a 10% off code for the Manchester Arndale Sephora shop.
The viral beauty brand Sephora will be giving away 800 goodie bag at its big Manchester Arndale launch event / Credit: The Manc Group
Sephora will be stocking more than 135 brands, as well as a curation of products that are exclusive to its UK locations.
Sarah Boyd, Managing Director of Sephora UK, commented: “We’ve been blown away by the energy and support from our community at every store opening since our first in 2023.
“This new approach means even more customers can enjoy the fun and walk away with a surprise without needing to arrive hours before doors open. It’s about putting customer wellbeing first, while still celebrating in true Sephora style”.
Sephora is opening at Manchester Arndale on Friday 1 August, with entertainment starting from 8am, the official opening ceremony commencing from 9:30am, and the store opening at 10am.
Aldi becomes first UK supermarket to introduce new ‘£13 rule’ from September
Emily Sergeant
Aldi is set to become the first supermarket to pay staff working in its stores across the UK at least £13 an hour.
The budget supermarket retailer’s new minimum rate – which increases to £14.33 within the M25 – will officially take effect from 1 September 2025, and is set to further exceed the Real Living Wage of £12.60 an hour that was set by the Living Wage Foundation in October last year.
At present, Store Assistants at Aldi are currently paid a minimum of £12.75 an hour nationwide, but that is set to change in the autumn.
As well as the standard £13 hourly rate, Store Assistants’ pay will be subject to further rises depending on their length of service – meaning they’ll get £13.93 nationally, and £14.64 within the M25.
Aldi becomes first UK supermarket to introduce new ‘£13 rule’ from September / Credit: Aldi
The news that Aldi will become the UK’s first supermarket to pay colleagues £13 an hour follows the retailer’s impressive achievement of being named the Employer of the Year at The Grocer Gold Awards – where it was recognised for its competitive pay, investment in training, and its focus on diversity and inclusion.
Aldi is also the only retailer to offer all colleagues paid breaks too, on top of their hourly rate or salary, which is worth approximately £1,385 a year for the average store colleague.
“Our people are the driving force behind our success across the UK,” commented Giles Hurley, who is the Chief Executive Officer of Aldi UK and Ireland.