News – Page 26
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NewsAllplants slashes valuation in pursuit of profitability
DTC plant-based player Allplants has slashed its valuation as part of a £10m fundraising from its existing backers amid increasing pressure on the vegan category
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NewsBrakes launches new campaign to capitalise on ‘plant forward’ trend
Plant forward cooking places a greater focus on plant-based foods, without strictly limiting the consumption of animal products
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NewsMeatless Farm officially collapses as Kroll appointed as administrator
Meatless Farm has officially collapsed into administration after losing its battle to secure new investment, leaving shareholders facing multimillion-pound losses
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NewsMamamade brand rescued from liquidation by the Family Food Co
The Family Food Co has rescued the Mamamade brand out of liquidation in its second deal of the year, as part of ambitions to build a marketplace for healthy meals for kids
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NewsSentient Ventures backs trio of female-founded plant-based brands in maiden investments
The fund – launched last year by the team behind Veg Capital – is backing plant-based cheesemonger La Fauxmagerie, vegan pizzeria Purezza and plant-based chicken maker Rebellyous
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NewsThe Groovy Food Company adds spicy agave nectar duo
Made from the blue weber agave plant, the sauces are intended to be used as a topping for pizzas, salads and traybakes
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NewsMeatless Farm set to enter administration as all staff made redundant
Loss-making Meatless Farm is set to collapse into administration after a desperate search for new investment to save the plant-based brand proved fruitless
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NewsArla to launch plant-based Lurpak variant next year
Arla is keeping the ingredients of the product, its format, and the launch date under wraps
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NewsBol unveils £1m brand refresh in shift towards ‘lifestyle’ focus
The redesign aimed to help Bol stay ‘culturally connected with shoppers in an ever-saturated category’
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NewsVegan foods manufacturer Plant & Bean falls into administration
Meat alternatives supplier Plant & Bean has filed for administration after soaring costs and operational disruptions hit trading
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NewsViolife launches garlic & herbs plant-based spread
The vegan spread is made of coconut oil and has been reformulated to be creamier
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NewsRichmond meat-free lineup hit by shrinkflation
The prices of sausage and bacon alternatives have increased by up to 25% per gram after the brand reduced pack sizes
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NewsCathedral City launches plant-based soft cheese
The biggest selling cheese brand has launched a Spring Onion and Cracked Black Pepper alternative to soft cheese
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NewsMeatless Farm hires Kroll to save its plant-based skin
The Leeds-headquartered business has hired advisors at the restructuring and insolvency specialist to run an early options process in a bid to save the brand
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NewsDairy alternatives name ban would be devastating, suppliers warn
New draft guidance is being prepared to help trading standards officers interpret and enforce laws on how dairy alternatives are marketed
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NewsCombined meat and meat-free fixtures confuse shoppers, finds study
A consumer study for AHDB found that more than half of shoppers were confused by the cross-category merchandising of meat alongside meat-free alternatives
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NewsHeura smashes through crowdfunding target
The Spanish firm comfortably beat its latest €1m target on the Crowdcube platform, with €2.6m secure in the campaign’s first 48 hours.
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NewsMarlow reveals first partnership for Quorn mycoprotein
Tempty Foods is the first producer other than Marlow to use the Quorn mycoprotein
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NewsVeganuary meat alternative sales lower than last year
Veganuary unit sales declined 16.8% for chilled meat alternatives and 13.5% for frozen meat alternatives compared to 2022
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NewsRedefine Meat appoints new head of UK business
Owen brings over 20 years of UK and international experience in fmcg and building brands