WeightWatchers declares bankruptcy as people embrace weight loss drugs
WeightWatchers, founded in 1963, has struggled to shed debt and cope with the emergence of weight loss drugs.
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WeightWatchers, founded in 1963, has struggled to shed debt and cope with the emergence of weight loss drugs.
Weight Watchers saw its shares plummet by 18% following the announcement that Oprah Winfrey is stepping down from its board of directors, marking the end of her long-standing association with the brand
Oprah Winfrey said that she's stepping back from her board seat at WeightWatchers after nine years, and will donate her WW stock.
Oprah Winfrey announced Thursday she is stepping down from the board of directors for WeightWatchers. She has been on the board since 2015, when she acquired a 10% stake in the company. Nikki Battiste has more.