The Australian operations of vitamin retailer GNC LiveWell have been placed in voluntary administration by parent company Osim International.
GNC, which stands for General Nutrition Corporation, was founded in the United States in the 1930s and the brand is licensed in 49 countries.
The brand sells vitamins, supplements and nutritional products, as well as sports, diet and energy goods.
The Australian operations are owned by Singapore-based retail group, Osim International, which is also the franchisee for GNC in Singapore, Malaysia, China and Taiwan.
The first Australian GNC store opened in 2000 and the retailer currently operates 30 outlets in New South Wales, Victoria and Queensland, along with an online store.
Osim Internation…
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