Tuesday 15 November 2022 07:17 PM Cocaine shame for P.E Nation co-founder Claire Tregoning's husband, Tim trends now EXCLUSIVE: Cocaine shame for P.E Nation co-founder's husband as he's caught with two bags during Bondi night out while his wife parties overseas with gal pals Julie Bishop and Pip Edwards ... and trouble strikes athleisure empire Timothy Tregoning, 40, is arrested in Bondi and found with two bags of cocaine Cinematographer pleaded guilty to drug possession in court on Tuesday Tregoning is married to P.E Nation co-founder Claire and they have two children Claire recently flew to London for a business trip and met with Julie Bishop By Charlotte Karp For Daily Mail Australia Published: 13:54 GMT, 15 November 2022 | Updated: 19:09 GMT, 15 November 2022 Claire and Tim Tregoning are pictured together The husband of P.E Nation co-founder Claire Tregoning has admitted carrying two bags of cocaine during a Friday night out in Bondi - as his wife parties with her businesswoman colleague Pip Edwards and Julie Bishop. Timothy Tregoning, 40, was arrested in the Sydney beach suburb at about 9.40pm on Friday, September 30 when police found him with the small, resealable bags of cocaine. The father-of-two was taken to Waverley Police Station and charged with possessing a prohibited drug. He did not appear in Waverley Local Court when his matter was mentioned on Tuesday morning, but his lawyer pleaded guilty on his behalf. The maximum penalty for a drug possession charge is $5,500 or two years in prison. On Monday, Tregoning posted an Instagram story featuring his recent work trip to Queensland - while his activewear mogul wife jet-sets across the word and poses for photos with her glamorous co-founder. P.E Nation at the 2021 Australian Open: Claire Tregoning is pictured right, next to her husband Tim. Pip Edwards is on the left Claire and Tim Tregoning (pictured) have two kids together and live in a renovated 'shack' in Avalon The Tregoning clan live in a renovated $1.2million fibro 'shack' in Avalon, in Sydney's northern beaches, with their two children, age nine and eight. He has been involved with a range of high-profile productions since 2012, including a Netflix series. He was notably involved in Snow White and the Huntsman starring Chris Hemsworth, along with Australian TV series Puberty Blues, and commercials for Audi, NRMA and Qantas. But his life started making headlines in 2016 when his activewear mogul wife launched athleisure brand P.E Nation with Pip Edwards. Their fitness empire began as an online store, but demand for activewear boomed throughout the pandemic, and the business expanded in May this year to include a brick-and-mortar shopfront in The Galeries on Sydney's George Street. However, Daily Mail Australia revealed just two weeks ago that the cult brand suddenly axed at least four staff members company's headquarters in Alexandria, inner-Sydney. Claire Tregoning (right) and Pip Edwards (centre) went to London and visited former foreign minister Julie Bishop (left) Tim Tregoning (pictured with Claire) pleaded guilty to drug possession on Tuesday morning A source said the company spent a lot of money opening the George Street store, but it wasn't as profitable as it was hoped. Retail workers were told about he exodus but were largely kept in the dark about what was going on at P.E Nation HQ. The reshuffle took place on the day the business launched a collaboration with fitness guru Kayla Itsines. Days later, the two founders embarked on a business trip to London to meet up with the likes of former foreign minister and fashionista Julie Bishop. Ms Bishop has since posted photos of the three of them together in London, with the caption: 'So excited to promote our Aussie fashion designers in London this week.' Mrs Tregoning and Edwards have been posting images of photoshoots, launch parties and workout sessions on their Instagram profiles. As for Mr Tregoning, he will return to court on January 24 for sentencing. PIP AND CLAIRE: THE FRIENDSHIP BEHIND P.E NATION Pip Edwards and business partner Claire Tregoning's luxe fashion label - named after Ms Edwards - took Australia's fashion scene by storm in 2016. It made huge online sales within the first seven years and the company's activewear was enormously popular during the Covid pandemic. The duo decided to expand in May this year by opening their first brick-and-mortar store, in The Galeries on Sydney's George Street. They frequently do interviews together, feature on each other's Instagram feeds, and visit each other's houses outside work hours. Close: Claire Tregoning (left) is Pip's long-time friend and P.E. Nation business partner In November, they travelled to London on business trip together, where they met up with Julie Bishop. According to the company website, P.E Nation 'was born from a universal need for multi-faceted active wear, given the global shift towards juggling a fast pace life'. Sports bras and leggings sell for about $120, leggings go for $229, jumpers are priced at $180, and puffer jackets are sold for $329. Edwards has also made headlines for her on-off romance with the country's former cricket captain, Michael Clark, while Tregoning has two kids with her husband Tim. Share or comment on this article: All rights reserved for this news site (dailymail) and under his responsibility