A premium coconut yoghurt brand stocked in hundreds of grocery stores across the country has collapsed into voluntary administration.
Coco Tribe was founded in 2016 by entrepreneur Tedy Altree-Williams to provide dairy-free coconut-based yoghurt and ice-cream products.
Its brightly coloured range of six plant-based yoghurt flavours and eight ice cream varieties are stocked in more than 220 retailers across the country, including Costco, Harris Farm outlets and independent IGA, Foodlands and Foodworks supermarkets.
However, documents published by the Australian Securities and Investments Commission (ASIC) show Coco Tribe Pty Ltd was placed in voluntary administration on May 26.
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Read the full article at: https://www.smartcompany.com.au/finance/dairy-free-yoghurt-coco-tribe-voluntary-administration/