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WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its transition into a telehealth services provider.
Under the deal, cash-paying patients can access a month’s supply of Wegovy through the Danish drugmaker’s Novocare pharmacy for $299. The one-time price will also be available through Novo’s other ...
WW International , formerly known as WeightWatchers, is on track to exit its financial reorganization to cut $1.15 billion in ...
But last week, WeightWatchers filed for Chapter 11 bankruptcy in a bid to eliminate $1.15 billion in debt from the company’s balance sheet.
Under Chapter 11 rules in the United States, the business has the chance to reorganise its liabilities while continuing to operate.
WeightWatchers, also known as WW International Inc., is moving forward with its Chapter 11 restructuring plan, which aims to restructure its capital structure, reduce debt, and set aside equity for ...
On May 6, WeightWatchersfiled for Chapter 11 bankruptcy in an effort to boost its financial position and survive in the highly competitive weight-loss market.
WeightWatchers, a staple in American weight loss for decades, has officially filed for bankruptcy and needs to lose about $1 billion in debt.
Weight Watchers, the brand built on providing support for people who are trying to lose weight, filed for bankruptcy protection. The company is burdened with debt as more customers turn to medication.
WW International Inc., which has struggled to remain competitive as weight-loss drugs surge in popularity, has filed for Chapter 11 bankruptcy protection.
WeightWatchers filed for Chapter 11 bankruptcy in an effort to reduce its debt by more than $1 billion. However, CEO Tara Comonte said the weight-loss program has no plans to shut down, and that ...