Tupperware

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Tupperware’s big return: Iconic plastic container brand bids farewell to direct sales for retail debut

Under the deal, the lenders will pay US$23.5 million in cash and swap US$63.8 million in debt they hold for ownership.

Tupperware gets deal to avoid liquidation after judge intervenes

Tupperware’s business problems are not new, but have taken on new life in bankruptcy court as familiar distressed lenders including Stonehill Institutional Partners and Alden Global Capital have gotten involved.

Tupperware lenders fight over assets, including brand name

The company’s struggles resumed after a short-lived pandemic boost, when increased home cooking briefly drove demand for its airtight plastic containers.

Tupperware files for bankruptcy as its colourful containers lose relevance

Tupperware in 1946 introduced its plastic products to the public after founder Earl Tupper invented their flexible airtight seal. The brand exploded into American homes largely by way of sales parties hosted by suburban women.

Tupperware Brands plans to file for bankruptcy

Tupperware is facing waning sales and higher costs of resins for its products, labour and logistics.

Tupperware flags doubts about ability to continue

Tupperware has soared more than 800 per cent over the past two weeks as investors pile into the stock, dinging short sellers and sparking excitement across retail trader platforms.

Tupperware pops with 800% surge as meme trade burns shorts in GameStop deja vu

Tupperware experienced a sizzling run-up during the first year of the Covid pandemic, almost tripling in 2020, as the lockdown boosted kitchenware sales. It has since fallen on harder times.

Tupperware slumps after hiring advisers to tackle concerns about its viability