Scottish startup Beastly Brews, known for its oat milk liqueur Panther M*lk, has recently ceased trading after failed supermarket listings led to financial difficulties. Following a successful appearance on Dragons' Den three years ago, the Glasgow-based company experienced significant growth, expanding its distribution points and product offerings. However, the collapse came after investments in stock for Tesco and Sainsbury's fell through, leaving the company with excess inventory and cash flow problems.
Despite Panther M*lk's popularity as a plant-based, lower alcohol, and environmentally conscious option, the liquidation of Beastly Brews reflects the challenges faced by similar plant-based brands in the industry. The closure of the Panther M*lk Bar in 2020, changes in consumer drinking habits, and the increasing popularity of oat milk highlight the evolving landscape of the drinks industry and the need for businesses to adapt to changing trends in order to survive.
*This summary was generated using AI.
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