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Pinky Cole at one of her many Slutty Vegan locations in Atlanta, Georgia on April 28, 2022. (Photo by Lexi Scott for The Washington Post via Getty Images)
ATLANTA – Pinky Cole, 37, the founder of popular plant-based burger chain Slutty Vegan, says she is officially back at the helm of the company after briefly relinquishing ownership earlier this year due to financial difficulties.
What we know:
In a recent interview with People magazine, Cole revealed that Slutty Vegan underwent restructuring following significant financial setbacks, including a $10 million corporate overhead. She temporarily handed over ownership to an assignee in February, but on March 28, she bought the business back for an undisclosed amount.
What they’re saying:
“I was chasing something that I couldn’t catch for many reasons,” Cole said, explaining that the costs and scale of the business had…