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GNC Receives Approval for Bankruptcy Plan

GNC Holdings Inc. has received approval for a bankruptcy reorganization plan centered around a $770 million sale to Harbin Pharmaceutical Group Holding Co., its...

GNC Plans Sale to Chinese Investor; Security Concerns Raised

Pittsburgh, PA—GNC Holdings, Inc. has canceled its auction and now aims to sell the company to China-based Harbin Pharmaceutical Group Holding Co. As Bloomberg...

GNC Eyes Two Paths For Emerging From Chapter 11 Bankruptcy

Pittsburgh, PA—GNC Holdings, Inc., has filed for Chapter 11 bankruptcy, with a commitment from certain term lenders to provide $100 million in “new money”...

GNC Further Extends Debt Maturity Dates

Pittsburgh, PA—GNC has reached an agreement with lender groups to further extend the springing maturity dates for certain loans, according to a press release. Previous...

GNC Extends Maturity Dates for Loans

Pittsburgh, PA—GNC has reached an agreement with required lender groups to extend the springing maturity dates for certain loans, according to a press release. GNC’s...

GNC Reports 1st Quarter Results, Net Losses

Pittsburgh, PA—GNC Holdings reported their first quarter 2020 results, including a net loss of $200.1 million, compared with a net loss of $15.3 million...

GNC Takes Steps to Protect Long-Term Prospects from COVID-19

Pittsburgh, PA—GNC Holdings announced in a press release that as a result of the COVID-19 pandemic, the company has had to make “some difficult...

GNC Reports 4th Quarter Earnings

Pittsburgh, PA—GNC has reported its fourth quarter and full year 2019 results, according to a press release. GNC reported consolidated revenue of $470.4 million in...

GNC Unable to Repay Impending Debt Obligations

Pittsburgh, PA—GNC Holdings Inc. reported to the Securities Exchange Commission (SEC) that it does not expect to be able to generate enough revenue to...

GNC Appoints Chief U.S. Officer

Pittsburgh, PA—GNC has appointed Josh Burris as Chief U.S. Officer, effective December 2, 2019, according to a press release. Burris will be responsible for...