The Collapse of WeightWatchers Isn't the Win for Women You Might Think It Is

This week, news broke that WeightWatchers has filed for bankruptcy in the US. In 1968, five years after its launch, the group boasted more than 1 million members around the world. A decade later, the business would sell for more than $71 million. It peaked at 5 million subscribers in 2020, but has struggled since the pandemic with the rise of drugs like Ozempic and Mounjaro. The legal process will see millions of the 60-year-old diet brand's debt written off while it agrees new terms for paying back its lenders, and the company will be acquired by a group of investors. #LALifestyle #USCelebrities Full Article on Source: https://ift.tt/rzfWJAo