Plant-based fast food chain Neat to close London restaurants
Sir Lewis Hamilton’s vegan burger chain Neat will close its remaining London outlets after “continued financial losses”.
VFG sells former Tofutown facility to European tofu producer
The Vegan Food Group has completed the sale of one of its production facilities to European tofu producer the New Originals Company.
Myco expansion set to increase production by 600%
Plant-based manufacturer Myco has expanded its North Yorkshire site to increase production of Hooba burgers and sausages by a predicted 600%.
Quorn revenue declines by 4%
Global food company Monde Nissin, which owns vegetarian brand Quorn, has reported a 4% decline in Q1 revenue for Quorn.
Beyond Meat Q1 revenue down 18% driven by decreased sales
Plant-based brand Beyond Meat has released its financial results for Q1 2024, reporting an 18% decrease in net revenue.