Weight Watchers International Company Description
Forget diet fads: Weight Watchers International is a stalwart in the weight loss industry. The company hosts more than 50,000 weekly meetings worldwide consisting of exercise tips, nutrition advice, and success stories to help its some 1.4 million members lose weight. Weight Watchers also offers advice and recipes on its Web site and sells products, such as recipe books, a magazine, food, and vitamins. Its Weight Watchers Magazine is circulated to about 1.25 million people. Jean Nidetch and Al and Felice Lippert started Weight Watchers in 1963; the company now holds classes in about 30 countries. European investment firm Artal Luxembourg owns about 54% of Weight Watchers.
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The Company Description provides a historical perspective of Weight Watchers International's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Weight Watchers International's evolution in the marketplace.
