GNC Jiananxi is one of the world-famous dietary supplement brands, and has been committed to becoming a leader in the health industry. The variety and quality of its products are deeply loved by most domestic nutrition and health care consumers. But what about this? Front runner? In June, 2020, it announced its application for bankruptcy protection, planned to sell the company and closed all its stores.
I learned from the customer service consultation of GNC Jiananxi's official overseas flagship store that GNC Holdings Limited, one of the parent companies, has suffered great financial pressure in the past few years. In addition, the sudden outbreak of COVID-19 epidemic this year and the sudden change of business environment have had a great impact on GNC's business, so GNC has to start the restructuring process. However, as the legal entity outside North America of GNC Holdings Limited is not included in this reorganization procedure, the business operation of GNC in China, Jiangxi and China will not be affected, and the rights and experience of consumers will not be affected.
The news that GNC filed for bankruptcy protection surprised everyone, and many consumers were worried that the brand products would no longer be sold. In fact, GNC only filed for bankruptcy protection, while GNC Jiananxi in China is still in business, and its products are still being produced and sold, so consumers can still buy according to their own needs.