John Kirk-Anderson/Stuff
Jenny Craig has gone into voluntary administration.
Weight-loss brand Jenny Craig NZ has gone into voluntary administration, alongside its Australian counterpart.
It comes a week after the US entity announced it would be closing, after it had run out of money as it searched for a buyer and had to file for bankruptcy.
Last week the Australian and NZ businesses were said to be staying open, but FTI Consulting has now been appointed to lead the voluntary administration.
Vaughan Strawbridge, Kate Warwick and Joseph Hansell were appointed voluntary administrators.
Founded by Australian woman Jenny Craig and her husband, Sidney, in 1983, the company grew to be one of the most well-known weight management compan…
Read the full article at: https://www.stuff.co.nz/business/132050830/jenny-craig-nz-goes-into-voluntary-administration-a-week-after-bankruptcy-in-the-us