CEO Tara Comonte says company remains committed to ‘trusted, science-backed, and holistic solutions’.
The diet company formerly known as WeightWatchers has filed for bankruptcy after its 62-year-old business model was put under strain by the rise of weight-loss drugs such as Ozempic.
New York-based WW International said on Tuesday that it was seeking Chapter 11 bankruptcy protection to eliminate $1.15bn in debt and position the “company for long-term growth and success.”
“The…
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News Source: www.aljazeera.com
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