Chef and entrepreneur Miyoko Schinner has confirmed that she was unable to buy back Miyoko’s Creamery, the company she founded in 2014 and was ousted from two years ago. Despite a whirlwind campaign to secure funds, Schinner's bid was rejected in favor of a higher offer from another buyer. She expressed gratitude for the support she received, with over 1,600 people contributing to her GoFundMe, but will now begin refunding donations.

The sale of Miyoko's Creamery, prompted by financial struggles, comes at a challenging time for the plant-based cheese industry, with sales declining. Schinner, who hoped to guide the brand's innovation and mission, remains hopeful for the future and hinted at potentially starting a new food company with a different ethos. Despite the disappointment of losing her namesake company, she remains committed to advocating for ethical food practices and listening to consumer preferences in a market dominated by venture capitalists and multinational corporations.