Plant-based meats venture ProForm Foods in voluntary administration

The end of the alternative proteins gold rush has claimed another victim with one of the pioneers in the space, ProForm, the makers of “Meet” being placed in voluntary administration, despite the backing of billionaire Andrew Forrest. KPMG Australia’s Gayle Dickerson and James Dampney were appointed voluntary administrators of Proform Food Group Pty Ltd and…

The retailer that bought luxury fashion startup The Daily Edited from voluntary administrators 15 months ago went into VA today

Monogramed luxury fashion startup The Daily Edited (tde.) is back in voluntary administration, just 15 months after the brand was sold to former Myer boss Bernie Brookes. Marquee Retail Group (MRG), which scored tde.’s flagship store in sydney’s Queen Victoria Building, when it bought the 10-year-old business in December 2022, handed the books to administrators…