Atkins Nutritionals, the company behind the low-carb Atkins diet, has filed for bankruptcy protection.
The US-based group reportedly owes $300m (£170m) and has asked the US courts for protection from creditors.
The filing follows the collapse of Atkins’ UK subsidiary last March when administrators were called into its Slough headquarters.
Analysts blamed Atkins demise on the decline of the low-carb diet.
The US-based group reportedly owes $300m (£170m) and has asked the US courts for protection from creditors.
The filing follows the collapse of Atkins’ UK subsidiary last March when administrators were called into its Slough headquarters.
Analysts blamed Atkins demise on the decline of the low-carb diet.
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