Tupperware

Tupperware gets deal to avoid liquidation after judge intervenes

TUPPERWARE Brands hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge overseeing the b...

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

UNTIL Tuesday (Sep 17), Tupperware had been a familiar, but fading, American brand, synonymous with storing leftovers in the fridge. Now, the name Tupperware itself stands to grow even more stale as l...

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 Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday (Sep 17), giving in to dwindling demand for its once-iconic food storage containers and mounting fi...

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 Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.

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

Tupperware flags doubts about ability to continue

TUPPERWARE Brands on Friday (Mar 29) warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its iconic food storage containers...

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 Brands has been warning for months that it may go bust, but that isn’t keeping retail investors away from powering an eye-popping rally reminiscent of the pandemic-era meme stock craze.

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

TUPPERWARE tumbled as much as 43 per cent on Monday (Apr 10), the most since November, after the company said it hired financial advisers “to help improve its capital structure and remediate its doubt...