WeightWatchers
diet and exercise program company
WW International, Inc., formerly Weight Watchers International, Inc., is a global company headquartered in the U.S. that offers weight loss and maintenance, fitness, and mindset services such as the Weight Watchers comprehensive diet program.[3] Founded in 1963 by Queens, New York City homemaker Jean Nidetch, WW's program has three options as of 2019: online via its mobile app and website, coaching online or by phone, or in-person meetings.[3] In 2018, the company rebranded to "WW" to reflect "its development from focusing on weight loss to overall health and wellness." https://en.wikipedia.org/wiki/WW_International
- 1968 went public
- 1968 launched Weight Watchers Magazine
- 1975 magazine sold to Family Health magazine comp
- 1978 sold to Heinz
- 1997 launched POINTS system
- 1999 sold to private equity firm Artal Luxembourg, for $735 million in a leveraged buyout led by the Invus Group, which manages Artal and which is run by Raymond Debbane.
- 2000 bought back magazine
- 2001 went public again, but as of 2018, Artal remains the company's largest shareholder
- 2001 launched web
- 2007 launched web-for-men
- 2010 replaced POINTS with PointsPlus
- 2014 bought Wello virtual fitness and other similar digital therapeutics companies
- 2015 Oprah Winfrey partnered, and bought 10% of company
- 2017 Mindy Grossman became CEO
- 2018 announced wellness direction
- 2023 Raymond Debbane stepped off board, then Invus sold its stock for $4.8B
- 2025 declares bankruptcy with plans to eliminate most of its $1.5 billion debt
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