Wakaberry, the once popular and loved soft serve frozen yoghurt bar that had a number of chain stores across the country, has closed the doors of its last remaining store in South Africa, owner Famous Brands has confirmed.
The South Africa n established, first-of-its-kind frozen yoghurt bar popped up in Durban in the early 2010s and soon became one of the fastest growing companies in the country, taking over most malls and using hype and its vibrant aesthetic to build its success.
However, customer demand and requests from people interested in buying into the business, led to its first franchised store in Lonehill, Johannesburg, in 2012. In the same year, 2014, Wakaberry became the first yoghurt bar outside of the United States to be recognised by the International Frozen Yoghurt Association and was awarded the ‘Three Swirls of Honour’ in recognition of their excellence.
However, that goal was not entirely fulfilled and the store growth only increased to 37 by 2015. By 2016, a R12 million impairment against the Wakaberry business led to the closure of two stores, making a total of 35 stores countrywide.
Restaurant South Africa Business Restaurants
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
vivo South Africa lights up Miss South Africa 2024: Radiant celebration of SA womenMia le Roux made history as the first hearing-impaired woman to take the title.
Read more »
South Africa's last zoo elephant Charlie freed after 40 yearsCharlie the elephant has been in captivity since 1984 when it was captured at two years
Read more »
South Africa’s Pretoria zoo frees its last elephantThe last elephant in South Africa's national zoo has been released into a reserve by a wildlife rights group.
Read more »
Malaria season in Africa INCLUDING South Africa: What you need to knowHere are some useful information and tips for staying safe while travelling in Africa during malaria season.
Read more »
South Africa ranks second in Africa for soft power influenceAlthough South Africa struggles to fully use its soft power, it holds the second position in Africa. But what does soft power really mean?
Read more »
Africa opens the gates, not South AfricaWhile South Africa boasts as Africa's 'gateway,' other nations advance, showing South Africa's economic arrogance is outdated.
Read more »