Articles
Weight Watchers International, Inc. News
Weight Watchers and Groupe DANONE Establish Weight Management Joint Venture for China
NEW YORK,
"We are excited to partner with Groupe DANONE for the expansion of our weight management approach into the Chinese marketplace. This new joint venture will facilitate and drive Weight Watchers entry into one of the world's key markets, leveraging the unique strengths of each company," said
The new joint venture is expected to commence retail operations in
About Weight Watchers International, Inc.
Weight Watchers International, Inc. is the world's leading provider of weight management services, operating globally through a network of Company- owned and franchise operations. Weight Watchers holds over 50,000 weekly meetings where members receive group support and learn about healthy eating patterns, behavior modification and physical activity. WeightWatchers.com provides innovative, subscription weight management products over the Internet and is the leading Internet-based weight management provider in the world. In addition, Weight Watchers offers a wide range of products, publications and programs for those interested in weight loss and weight control.
About Groupe DANONE
Groupe DANONE is a Fortune 500 company and one of the most successful healthy food companies in the world. Its mission is to bring health through tasty, nutritious and affordable food and beverage products to as many people as possible. Groupe DANONE with 200 plants and 88,000 employees has a presence in all five continents and over 120 countries. In 2006, Groupe DANONE recorded
This news release contains forward-looking statements concerning Weight Watchers International, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by Weight Watchers International, Inc. pursuant to
This press release contains certain forward-looking statements concerning Groupe DANONE. Although Groupe DANONE believes its expectations are based on reasonable assumptions, these forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in the forward-looking statements. For a detailed description of the important factors that could cause actual results to differ materially from the expectations of Groupe DANONE or its management, please see the sections "Risk Factors" in Groupe DANONE's Annual Report (which is available on www.danone.com).
Contact Information: Weight Watchers International, Inc. Sarika Sahni Brainerd Communicators, Inc. Manager, Investor Relations Corey Kinger (212) 589-2751 (212) 986-6667 Groupe DANONE Investor Relations Press Relations 33 (0)1 44 35 20 76 33 (0)1 44 35 20 75
SOURCE Weight Watchers International, Inc.
