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.
Albino sisters born 12 years apart become modeling sensations
Asel is the older sibling at 14. Her mother, Aiman Sarkitova, said she was stunned when she was born albino.
“When I gave birth to my eldest, genetics were not so developed with us,” she told the Daily Mail. “It is developing only now. The doctors were shocked.”
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Imagine their surprise when, 12 years later, Kamila was born with the same condition.
It’s an incredible, striking sight to see these two siblings together—so the two teamed up and became a modeling duo.
Asel has already been modeling since she was 10, but with her 2-year-old sister at her side she’s become even more in-demand. The pair have over 33,000 followers on Instagram.
While their albinism has led to big success, it’s not always easy. The condition is also associated with medical conditions like a sensitivity to sunlight.
“If I go outside in the afternoon, then I definitely apply sunscreen, put on clothes to protect my skin, headgear or use an umbrella,” Asel said.
“In the evening, when there is almost no sun, it’s much easier for me.”
But through whatever ups and downs life throws at them, they’ll always have each other.
The condition is so rare that albino people can feel alone, but these two sisters are lucky that they’ll always have a family member just like them.
And hopefully, their success as models will shed some light on albinism and show how uniquely beautiful albino people can be.
“Many people do not know what albinos are,” Asel said.
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