Weight Watchers

WW International, Inc., formerly Weight Watchers International, Inc., is a global company in the United States. It offers weight loss and maintenance, fitness, and mindset services. It has a Weight Watchers diet.[2] It was started in 1963 by Jean Nidetch in Queens, New York City, It works online by its mobile app and website, coaching online or by phone, or in-person meetings.[2] People pay a subscription for the service.[3]

WW International, Inc.
FormerlyWeight Watchers (1963–2018)
Company typePublic
FoundedMay 15, 1963 (1963-05-15)
Queens, New York, U.S.
Headquarters675 Avenue of the Americas, 6th Floor New York, NY 10010
Key people
Sima Sistani, President & CEO
ProductsWeight loss, Packaged foods, Exercise products
RevenueIncrease $1.5 billion (2018)[1]
Increase $267.305 million (2017)
Increase $163.514 million (2017)
Total assetsDecrease 1.246 billion (2017)
Total equityIncrease -1.015 billion (2017)
Number of employees
18,000 (as of 2017)
Websiteweightwatchers.com

In 2018, the company rebranded to "WW". This was to show "its development from focusing on weight loss to overall health and wellness."[4][5] The company was then worth about $145 million. The rise of weight loss drugs like Semaglutide damaged the business. In 2023 it bought Sequence, a telehealth company. That meant it could prescribe drugs. Sequence was rebranded as WeightWatchers Clinic.[6]

References
  1. Treffis Team Staff. "Time to Sell Weight Watchers Stock?". Forbes. Retrieved 5 November 2019.
  2. "What is Weight Watchers Diet?". U.S. News & World Report. Retrieved May 21, 2018.
  3. "Column: First Oprah, now a scientific study: Weight Watchers offers wary investors another story". Los Angeles Times. 2016-02-22. Retrieved 2024-04-09.
  4. Hope, Katie. "Weight Watchers drops 'weight' from name". BBC News. September 24, 2018.
  5. Wahba, Phil (24 September 2018). "What's in a Name? Weight Watchers Changes Name to 'WW'". Fortune. (registration required)
  6. "WeightWatchers faces an era when weight loss comes in a syringe". www.ft.com. Retrieved 2024-04-09.
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