Billionaire bets on America's weight problem with Ashely Stewart acquisition

The billionaire backer behind Weight Watchers is betting even bigger on America's obesity problem. Raymond Debanne, chief executive of The Invus Group, acquired plus-size retailer Ashley Stewart this week -- an irony not lost on industry watchers. "Invus is capitalizing on the growing market of overweight people in more ways than one," said Richard Kestenbaum,...