Celeb-Backed Vegan Burger Chain Neat Shuts Final UK Sites After Series of Global Closures

Celebrity-backed vegan burger chain Neat has closed its final UK locations after a series of global closures over the last 18 months. The closure of the Camden and Wembley stores in London will affect 150 jobs and follows a challenging financial period for Neat, which saw mounting losses in recent years.

Despite having celebrity investors like Sir Lewis Hamilton and Leonardo DiCaprio, Neat struggled to overcome the impact of Covid-19 on the hospitality industry. The closure of plant-based restaurants in the UK and US, as well as the shift towards serving animal products in some establishments, reflects the challenges faced by vegan eateries in a competitive market. However, there are still success stories like Unity Diner, which managed to negotiate a new deal and reopen despite rising costs.