Jenny Craig sale 'well progressed', administrators says

Jenny Craig sale 'well progressed', administrators says
Magda Szubanski was one of the brand ambassadors for Jenny Craig. (Image: Getty)
Riley Kennedy
The Australian-based administrators of Jenny Craig say the sale process of the business is “well progressed”.While some Australian meal-solution suppliers have been thrown around as possible bidders, a New Zealand meal-kit company won’t confirm nor deny if they want the business.Earlier this month, FTI Consulting’s Joseph Hansell, Vaughan Strawbridge and Kate Warwick were appointed to Jenny Craig Weight Loss Centres (NZ) as well as its Australian arm.Their appointment came just five days after the fitness brand said its...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Murray Jones 04 Jul 2024
Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024