NZ arm of Jenny Craig enters administration

NZ arm of Jenny Craig enters administration
Rebel Wilson was one of the brand ambassadors for Jenny Craig. (Image: Getty)
Riley Kennedy
The New Zealand arm of well-known weight-loss company Jenny Craig has joined its Australian counterpart in voluntary administration. Creditors will meet later this week to discuss a way forward.On May 9, FTI Consulting’s Joseph Hansell and Vaughan Strawbridge were appointed to Jenny Craig Weight Loss Centres (NZ) as well as the 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 State...

More Finance

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024
RBNZ targeted for uncompetitive banking
Finance

RBNZ targeted for uncompetitive banking

Onerous regulation may be making banking uncompetitive, submitters argued.

Pattrick Smellie 14 Nov 2024