Jenny Craig Australia's last-ditch attempt to save business

The announcement comes just days after Jenny Craig Australia’s parent company in the United States filed for bankruptcy after acquisition plans to “secure additional financing” fell through.

Jenny Craig Australia and New Zealand has entered a voluntary administration process with FTI Consulting. Picture: Getty Images via AFP “We are working with the Australian and New Zealand leadership team to trade the businesses with a view to attracting new capital to restructure the Australian and New Zealand companies."

The notice indicated workers would receive their final pay including being compensated for any accrued leave.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jenny Craig Australia enters voluntary administration after US business files for bankruptcyAdministrators have been appointed to oversee operations for Jenny Craig Australia and New Zealand less than a week after the US company filed for bankruptcy.
Source: abcnews - 🏆 5. / 83 Read more »

Jenny Craig’s Australian business calls in administratorsWeight loss company Jenny Craig’s Australian and New Zealand operations have officially folded, just five days after reassuring the public that they were “currently [continuing] to operate and support our clients”.
Source: theage - 🏆 8. / 77 Read more »

Jenny Craig’s Australian business calls in administratorsWeight loss company Jenny Craig’s Australian and New Zealand operations have officially folded, just five days after reassuring the public that they were “currently [continuing] to operate and support our clients”.
Source: brisbanetimes - 🏆 13. / 67 Read more »