Huge Huel display in Holland & Barrett

A new Holland & Barrett has opened near me and it basically looks like a big huel shop when you walk past! They have huel on display in 4 different places, I thought the table set up was cute :blush:

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Holland & Barrett :heart: Huel

If only they were in the fridge eh? Thanks for sharing! Love to see Huel out on the highstreet, so cool we’re in so many stores now in the UK!

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Probably one of the only healthy things in the store.

Holland & Barrett is still owned by the company that’s owned by a sanctioned Russian oligarch isn’t it?

I mentioned that here back in March and as far as I am aware it hasn’t changed.

Sorry to hear that. I wonder if it was ever a concern for Huel in dealing with H&B.

it changed - Mikhail Fridman and his business partner left the Letter One group following the sanctions and his EU blacklisting. Neither of them seem to appear anywhere on the parent groups website anymore.

My local H&B had a few complete food brands with bottles and bags of powder, now they only stock RTD’s. Still handy but I did like being able to get big bags so easily.

Phil, I understand the owner has ‘stepped back’ from the company, ie presumably from executive activity - in order to avoid the company itself being sanctioned - but still owns it. I think if he’d sold up we’d probably have heard.

Holland and Barrett seems to be moving in the wrong direction. They have cut back on loads of useful products and their offering is now quite poor in many stores. My local still sells powdered meal replacements and it’s a small branch. I only know that cos I had a look on Sunday but didn’t go in to buy anything.

well as the statement says - they no longer have any control of or financial gain from the group or constituent companies - and their assets are frozen - but, as they cannot be forced to sell shares (and indeed cannot sell them while sanctioned) I guess they will remain frozen - until such time as his sanctions may be lifted, he technically owns nothing of value.

So the company’s value is limited while selling is forbidden, but it still has great potential value for such time as sanctions may be lifted.

Question is, should we be boycotting companies owned by sanctioned Russian oligarchs? & for that matter should ethical brands be selling to them?

I would have thought the real question is, in a scenario such as this, who would such a boycott actually punish?

How far would you take it? As well as the direct or part ownership portfolio they have, LetterOne also invest heavily in many thousands of businesses - such as Uber for example, investment and pension funds etc. Do you boycott any business or pension fund they invest in and again – to what end?

How sure are you that any retail money you spend isn’t finding its way into the hands of investors you’d rather it didn’t? – given the myriad layers of investment and ownerships that exist?

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I guess everyone has their own sense of proportion, whether towards convenience or principle.

In terms of boycotting certain companies, it’s obviously just a drop in the ocean but as the saying goes ‘Every Little Helps’.