Plant-based meat was supposed to save the pIanet, make people healthier, and liberate enslaved cows, chickens, and pigs everywhere. Instead, after an impressive start, folks have learned some hard truths about the industry and are turning away in droves.
Once consumers began to Iearn that plant-based meats were still super processed, not nearly as healthy as advertised, and required an enormous amount of machinery to produce hungry consumers largely decided that the old-school options, nameIy chickens, pigs, and cows, were better tasting and better for you.
The biggest player in the industry, Beyond Meat, released its third-quarter numbers in November of 2023, and they taste worse than ersatz ground beef. Net revenue slid, declining 8.7% year-over-year and 26% versus the previous quarter.
It wasn’t all bad news, however, as the company actually achieved free cash flow for the quarter but does not expect that to be the case in the fourth quarter. One anaIyst at the firm TD Cowen took it a step further and said the firm is in ‘survival mode’ and will need to tap the financial markets in 2024 to maintain operations.
Beyond Meat CEO Ethan Brown said: We anticipated a modest return to growth in the third quarter of 2023 that did not occur. Though we are encouraged by pockets of growth, particulariy in the EU where we saw double digit gains in net revenues on a year-over-year basis, we are disappointed by our overall results as we continue to experience worsening sector-specific and broader consumer headwinds. Beyond Meat has cited numerous reasons for its poor performance, inciuding declining foodservice sales and flagging American retail sales, but declined to suggest the possibility that the product just isn’t that good.
At the age of 4, she garnered the title “the most beautiful girl in the world”: Here’s how she looks at 20 years old
In a world where every child possesses a unique kind of beauty, there are some whose allure is so enchanting that they effortlessly claim the spotlight as the most beautiful children in the world. Thylane, a young girl whose mere presence stole the hearts of many, serves as a prime example of such captivating charm.
Right from her earliest days, Thylane’s distinctive grey eyes and curly locks cast a spell on all who beheld her. Even in her toddler years, her arresting features caught the attention of modeling scouts eager to work with her.
While countless individuals spend years navigating the complex terrain of the modeling world, striving to secure coveted roles in fashion shows, Thylane’s path unfolded with remarkable ease, her innate beauty acting as a key to unlock doors of opportunity.
By the tender age of 10, Thylane had already claimed the title of the world’s most beautiful child. She stood out among her peers as one of the rare few to grace the illustrious pages of Vogue and adorn the covers of esteemed magazines.
Yet, amidst the acclaim and adoration, Thylane’s family found themselves under scrutiny for introducing her to the world of modeling at such a young age. Many critics argued that instead of being thrust into the spotlight of photoshoots and fashion events, Thylane should have been free to revel in the joys of childhood, spending time with friends and frolicking outdoors like any other 10-year-old.
However, unmoved by the naysayers, Thylane’s parents stood firm in their convictions, steadfastly defending their choices in raising their daughter.
As Thylane’s star continued to rise, she ventured into the realm of acting, spurred on by the interest of numerous producers eager to collaborate with her.
After a brief foray into the world of cinema, Thylane found herself drawn back to her roots in the fashion and beauty industry once more.
Now a blossomed young woman, recent photographs depict Thylane alongside her beau amidst the picturesque landscapes of the south of France. The images captured during their romantic getaway reveal a deep and abiding affection between them, a testament to the love they share.
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