Slimming firm trims right down
The weight loss empire run by Penrith chemist Tony Ferguson has slimmed down unexpectedly, collapsing last week.
And caught up in the failure is a member of Melbourne’s Smorgon dynasty, Barry Smorgon, who owns almost half the group.
In 2009, Ferguson’s operation was in the fat, reportedly selling more than $80 million of diet shakes, soups and snacks through chemists across Australia.
But it is not the meal ticket it once was: corporate records show six companies associated with Tony Ferguson Weight Loss went into administration last Tuesday. Sydney Morning Herald – Read more…
And caught up in the failure is a member of Melbourne’s Smorgon dynasty, Barry Smorgon, who owns almost half the group.
In 2009, Ferguson’s operation was in the fat, reportedly selling more than $80 million of diet shakes, soups and snacks through chemists across Australia.
But it is not the meal ticket it once was: corporate records show six companies associated with Tony Ferguson Weight Loss went into administration last Tuesday. Sydney Morning Herald – Read more…
Recent Posts
