Weightwatchers files for bankruptcy as Ozempic and Mounjaro surge in popularity
Source: BBC
WeightWatchers has filed for bankruptcy in the US as it struggles with debt and fierce competition from fat-loss jabs like Ozempic and Mounjaro.The legal process will see $1.15bn (£860mn) of the 60-year-old diet brand's debt written off while it agrees new terms for paying back its lenders.WeightWatchers said it will remain "fully operational" during the process with "no impact to members".It follows the meteoric…
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