Issues over Jenny Craig branding stalled potential deals to save company

Issues over Jenny Craig branding stalled potential deals to save company
Jenny Craig, the company founded by Jenny (pictured) and Sidney Craig in 1983, went into voluntary administration earlier this month. (Image: Getty)
Riley Kennedy
Issues around branding and whether a potential buyer could use the Jenny Craig name stalled four potentials deal going through to save the iconic weight-loss company.On May 9, FTI Consulting’s Joseph Hansell and Vaughan Strawbridge were appointed to Jenny Craig Weight Loss Centres (New Zealand) as well as its Australian arm.  Their appointment came just five days after the fitness brand said its Australian and NZ branches would continue to operate after confirmation it was closing its corporate offices in the United States. Its US en...

More Finance

Extraordinary's pre-tax public transport perks for workers
Finance

Extraordinary's pre-tax public transport perks for workers

Wayne Brown has endorsed a new way for employers to cut commuting costs.

Lenders referring borrowers in trouble to non-profit services
Finance

Lenders referring borrowers in trouble to non-profit services

Financiers pushing KiwiSaver withdrawals rather than acting responsibly, advisers say.

Maria Slade 13 Jun 2025
Mainland Capital delivers $50m raise for Chch hospital expansion
Finance

Mainland Capital delivers $50m raise for Chch hospital expansion

The oversubscribed raise will help fund a new state-of-the-art private hospital facility.

Oliver Lewis 13 Jun 2025
FNZ employee shareholders told success more likely
Finance

FNZ employee shareholders told success more likely

Account show loss at global fintech widens. 

Victoria Young 05 Jun 2025