International WW, who knew the name of the Weightwatchers, presented for Protection of Chapter Tuesday, in an offer of debt cutting, a very popular obesity drug to leave their business model.
The company’s shares, repeatedly proud of Mogul Oprah Winfrey, fell by 40 per cent after submitting plans for bankruptcy plans on Tuesday, after Tuesday.
Weightwatchers started a weekly weight loss support with 400 attendees and quickly became phenomena around the world with millions of members around the world.
But Novo Nordisk’s Ozempic and Wegoy and Eli Lilly’s Zepbound is a popularity of rising glp-1 drugs.
Winfrey left the WW Board of Directors in February 2024 to delete the “perceived interest conflict”, after taking weight loss drugs, the company said at the time.
A year earlier, WW acquired a teleheal provider to give weight loss drugs. But last year it was a $ 345.7 dollar loss, last year, subscription entries fell by 5.6 percent per cent.
The WW said the reorientation plan will remove $ 1.15 million from the company’s balance sheet. The company has had a great debt of $ 1.6 billion.
The company calculated assets and liabilities at $ 1 billion trillion dollars, submitted to Delaware Bankruptcy Court 11. According to Chapter.
After recreating the WW International in 2018, the company focuses on general well-being than to lose weight.
The company’s shares fell by 60 percent since the Wall Street Journal magazine reported in April, preparing the company in the coming months.
2025-05-07 15:54:00
