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By 1968, the company had 91 franchises in 43 states, [41] and to expand further overseas Al Lippert took the company public as Weight Watchers International Inc.; the initial 225,000 shares, offered at $11.25 a share, began trading enthusiastically, rising to over $30 by the end of the first day.
Florine Mark lost weight, built a brand and became a Motown celebrity. The estate sale after her 2023 death created a frenzy for fashionistas.
In 2003, Weight Watchers International acquired all but the Michigan and Ontario, Canada, franchises. Mark later sold The WW Group franchise, of which she was president and CEO, and one in Ontario ...
Mindy Grossman (born September 8, 1957) is the former CEO of WW International (formerly Weight Watchers). Her earlier career included executive roles at Ralph Lauren Corporation and Nike, and she was also CEO of HSN from 2006 - 2017.
On 2 May 2023, Jenny Craig announced to employees via email that the company will wind down operations, lay off all employees, and possibly switch to an e-commerce model. The company had been pursuing a sale for some time. [14] Two days later, on 4 May, the company announced via its official Facebook page that it was going out of business. [15]
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