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

No longer 'boutique' Generate is executing, CEO says
Finance

No longer 'boutique' Generate is executing, CEO says

The fund manager is now the seventh-largest KiwiSaver provider.

Gregor Thompson 09 May 2025
ANZ half-year profit surges on non-cash gains
Finance

ANZ half-year profit surges on non-cash gains

Cash earnings were flat, and net interest margin rose slightly.

Pattrick Smellie 08 May 2025
BNZ preserves margins on flat half-year
Finance

BNZ preserves margins on flat half-year

BNZ outranks its Australian cousins for customer preference.

Pattrick Smellie 07 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025