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 Weight Watchers is betting its future on two letters. 
 
 The health-and-wellness company is changing its name to WW, as Chief Executive Officer Mindy Grossman tries to draw more consumers to the weight-loss program in a bid to extend the momentum fueled by Oprah Winfrey’s embrace of the brand nearly three years ago. 
 
 Weight Watchers, which has been updating its technology and reshaping its diet plan, becomes the latest company to embrace its initials. And as Grossman puts her stamp on the brand, she’s pulling from a playbook used at Home Shopping Network, where she mounted a turnaround at the company that had switched its corporate name to HSN. 
 
 "We will go through a period where people will have to understand Weight Watchers reimagined," Grossman said in an interview last week at WW headquarters in Manhattan. 
 
 As part of WW’s move to focus on overall health, the company is launching a program in the U.S. next month where members earn rewards including products for tracking meals, activity and weight. The WW app will be updated on Oct. 4, and starting in January 2019, WW products sold directly to consumers will have no artificial sweeteners or preservatives. WW shares are up less than 1 percent, after earlier falling as much as 1.7 percent. 
 
 Cyclicality 
 
 There’s mounting pressure on Grossman to prove she can sustain the Oprah-fueled turnaround. The company’s shares have gained nearly 60 percent this year, after surging almost 300 percent in 2017 as advertisements featuring the well-known media mogul helped bring customers back to the weight-loss program after a difficult stretch that saw the company’s shares sink below $4 in 2015. 
 
 Shares of WW took a hit in August after the company posted second-quarter results, causing a 15 percent selloff the next day. While WW reported profit that topped estimates, the full-year guidance and subscriber forecast drew concern from SunTrust analyst Michael Swartz. 
 
 Grossman stands proudly behind the quarter’s results, noting the number of subscribers in the quarter increased by 1 million from the year-ago period. "I think its ultimately educating people that yeah, we have growth, but there is some cyclicality to the business," she said. 
 
 Winfrey took a stake in the company and agreed to pitch the brand in October 2015, sending the shares flying. At the time, Weight Watchers was heavily in debt, and suffering through subscriber losses amid the rise of fitness apps. Grossman succeeded Chief Executive Jim Chambers in July 2017. 
 
 Now, in her reshaping of the company, Grossman’s changes include a new product look to reflect the updated design of WW. And she’s taking a page from her time at HSN, where she turned the company from a staid shopping channel into a lifestyle brand, transforming its image from an outlet known for pushing products like the Suzanne Somers ThighMaster. The TV shopping network was acquired by QVC’s parent company Liberty Interactive, in a $2.1 billion deal earlier this year. 
 
 "What Mindy has done with the brand has been nothing short of a phenomenon," said Morningstar analyst RJ Hottovy in a phone interview. "She turned Weight Watchers from being a liability to an asset." 
 
 WW has garnered interest from a number of new analysts this year, with nine firms initiating coverage, according to Bloomberg data. Weight Watchers has nine buys and five hold ratings with an average price target $100. Not one analyst is bearish on the company, which traded Friday at more than $69 a share. 
 
 Oprah’s Presence 
 
 Investors are placing a lot of faith in Grossman’s ability to transform the company but they are also watching Oprah’s moves very closely. Back in January, WW rose as much as 15 percent amid talks of "Oprah for President." The shares quickly slipped after Oprah shut down the rumors weeks later. 
 
 It’s unclear what role Oprah will play in the upcoming advertisements during the key diet season. Grossman gave no indication on the faces of the winter ad campaign but she did mention that WW has been very engaged with Oprah and the other influencers. 
 
 The company relies on the winter season to draw in subscribers who have made New Year’s resolutions to lose weight. 
 
 "We are working right now on exactly what that (campaign) will look like going into 2019," said Grossman. "It’s all under concept development, globally." 
 
 — With assistance by Richard Richtmyer 

 Credit: Weight Watchers/WW 
 
 Weight Watchers is taking its biggest step yet to alter people's perceptions about the brand: It's changing its name. 
 
 The company announced Monday that it's now called WW—which it says pays homage to the brand's heritage (it was founded 55 years ago by Jean Nidetch as a weight-loss company) but shifts the focus from dieting to wellness. Its new tagline: "Wellness that Works." 
 
 People no longer need a weight loss goal to join up, for one. And starting Oct. 4, the company's app will be updated: A new program, WellnessWins (there's that double W again), will reward WW members for things like tracking their meals and attending wellness workshops; the FitPoints algorithm will be more personalized and encourage high-intensity and strength-training exercises; and new groups are being added for people with common interests (think: vegetarians, new moms, yoga fans). WW is also partnering with meditation app company Headspace on customized content that comes out later this fall (first in English only, and later German and French). 
 
 "These are ways that our brand can show up as healthy living, so much more beyond just diet," President and CEO Mindy Grossman, who has been overseeing the company's overhaul since she joined in mid-2017, tells Ad Age. 
 
 The company also said that by January all WW foods will be free from artificial colors, flavors, preservatives and sweeteners. And a beta version of voice integration with Amazon Alexa and the Google assistant lets members ask about the points values of their food and more. 
 
 WW also wants to be seen in unexpected places. A WW Freestyle Cafe opens at the Barclays Center arena in Brooklyn on Oct. 4 and plans to be there for at least a year; it features "healthy Mediterranean" entrees, sides and desserts by chef Cat Cora. There will also be a WW Freestyle choice in each of the other food venues there, along with brand activations. 
 
 A WW Freestyle promotion took place at the Giants home opener via a food truck outside MetLife Stadium on Sept. 9, featuring dishes such as lobster rolls and mac and cheese served by Eric Greenspan, as well as an in-venue activation. 
 
 As part of the overhaul, says Grossman, the company had interviewed thousands of people about how the brand impacted their lives. Not one person started their answer with how much weight they'd lost, she says; instead, each first spoke about how their lives were better or had been changed. 
 
 Credit: Weight Watchers 
 
 Even before the name change, the company was making a subtle shift beyond a weight-loss focus, promoting programs with names such as "Beyond the Scale," and had raised its profit forecast for the year. 
 
 WW ended the second quarter with 4.5 million subscribers, up 1 million from a year earlier, the company said in August. At that time, its chief financial officer said that average retention was exceeding nine months globally, which was an increase of more than 15 percent versus three years ago. "I would like to be able to start talking about retention in years, not months," says Grossman. 
 
 WW worked with SYPartners on its transformation plans. New ads from Anomaly are expected to start running in December. No word yet on whether board member and investor Oprah Winfrey will appear in that new campaign.
– Weight Watchers' name is slimming down. The company on Monday announced that it would simply be known as WW going forward—with that double-W relating to some new sets of letters. In a bid to shift from the dieting space into the broader wellness space, it's adopting the tagline "Wellness that Works" and launching a WellnessWins program that AdAge reports will incentivize users who track meals and exercise. It plans to add a meditation component, and is doing away with the stipulation that people sign on with a specified weight-loss goal. This as the company has made recent gains, ending Q2 with 4.5 million subscribers, up 1 million year over year. Bloomberg sees "mounting pressure" on CEO Mindy Grossman to keep the gains the company has made since its 2015 partnership with Oprah: nearly 300% growth that year and almost 60% growth YTD. The site also notes one interesting factoid: Under her direction, Home Shopping Network took the initials route as well, changing its corporate name to HSN.