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.
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.
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“I learnt a huge amount in a short space of time and have absolutely loved the people and the brand.”
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.
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“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.
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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
First look – Manchester-founded fashion brand Represent opens flagship store in city centre
Daisy Jackson
Represent will open the doors to its first-ever UK store this weekend – and of course, the proudly Manc business picked Manchester for its flagship location.
The luxury menswear brand, which is on track for a £100m turnover by the end of this year, is opening a beautiful 5,419sq ft store on New Cathedral Street.
Set to throw open the doors on Saturday 26 October, the stylish space has been decorated with neutral textured walls and parquet floor tiles, with the shape of a giant ‘R’ carved into the staircase.
In this exquisitely designed space, shoppers will be able to browse the range in person, with a second store to follow in London next year.
An entire floor of the new Manchester shop will be dedicated to the Represent performance wear range, 247.
Founded back in 2011 by Bolton-born brothers, George and Mike Heaton, Represent has gone from strength to strength, and has become, far and away, one of the UK’s best-loved luxury fashion labels – proving itself to be a proper local success story for the Greater Manchester region.
It has collaborated with numerous big-name celebrities since its launch, including Justin Bieber, the Kardashians, and even Manchester’s very-own Liam Gallagher.
Inspired by retro Mancunian designs, Represent’s popular ranges of t-shirts, hoodies, and trainers are regularly showcased at top fashion destinations worldwide.
Represent has been stocked in major department stores like Selfridges, Harrods and END, but this will be their biggest step away from their hugely successful online business model to date.
It will join neighbours such as Louis Vuitton, Selfridges, Paul Smith, Canada Goose, and Harvey Nichols in the heart of Manchester’s shopping district.
Represent Manchester opens this weekend. Credit: SuppliedRepresent Manchester opens this weekend. Credit: Supplied
George Heaton, Creative Director and Founder of Represent: “As we continue to grow as a brand, opening our first physical UK store was a natural progression.
“Given that Represent was born in Manchester, and it’s where our global HQ is based, the city was the only choice – it is in our DNA.
“The Represent Manchester location marks an important and iconic milestone for the brand; having spent the past three years planning physical retail footprints, trialling the senses of energy, look, feel, and scent through our partners such as Selfridges and Harrods along the process.”
Popular city centre coffee house Michaels to open new Manchester Arndale cafe
Emily Sergeant
Manchester Arndale is set to welcome another new resident very soon.
Michaels Coffee House is already one of the best-loved places to get your caffeine fix and a bite to eat in the city centre, but now it’s been announced this week that it’ll become the next independent Manchester business to move into Manchester Arndale after signing a 10-year lease to occupy a space on Halle Place.
The beloved business was founded by Thanasis Michael back in 2017, and has been serving up high-quality and ethically-sourced coffee in Manchester’s Royal Exchange ever since.
As well as offering an extensive range of hot and cold coffee drinks, you can also get smoothies, milkshakes, and juices, as well as curb your hunger cravings with toasties, breakfast buns, soups, pancakes, and so much more.
Popular city centre coffee house Michaels is opening a new Manchester Arndale cafe / Credit: Michaels Coffee House (via Instagram)
You can also satisfy your sweet tooth with a collection of different pastries, cakes, and cookies.
Everything you know and love about Michaels, including all of the limited-edition seasonal specials launched each year, will be moving to the city’s biggest shopping centre very soon.
Speaking on the announcement of Michaels’ move to the Arndale, Scott Linard, who is the Portfolio Manager for M&G Real Estate – one of the joint asset management companies for Manchester Arndale – said: “It’s great to welcome another growing Manchester-based business to the centre as we continue our commitment of supporting local independent brands who are seeking to grow their presence in the city.”
Steve Gray, who is the Head of European Retail Asset Management at Global Mutual, called Michaels an “exciting independent cafe” providing shoppers with a great choice of food and drink options.