Tupperware

Public Direct Sellers: Q1 Momentum Continues

The six publicly traded direct selling companies we follow, whose stocks are listed in the U.S., Herbalife (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), began 2018 in much the same fashion as how they exited 2017. On balance, trends continue favorable. In aggregate, on an equal weighted…

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DSN Announces the 2018 Global 100!

Since 2004 Direct Selling News has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. So it seemed only fitting for DSN to further recognize the industry by compiling a comprehensive list, starting in 2010, of the top direct selling companies in the world.

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Tupperware Aiding NASA Development of Plant Growing System

International Space Station Orbiting Earth

Photo: International Space station orbiting Earth. According to a recent Forbes report, consumer food container company Tupperware Brands is playing an integral role in helping NASA develop a new plant growing system aboard the International Space Station (ISS). On April 2, the SpaceX Dragon spacecraft made its 14th resupply to the ISS. One area of scientific research for…

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Public Direct Sellers End 2017 on a Strong Note

Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies…

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Patricia Stitzel Elected President and CEO of Tupperware

Tupperware Brands Corp.’s Board of Directors has elected Patricia A. Stitzel to the position of president and CEO, effective May 9, 2018. Stitzel will succeed current Tupperware CEO Rick Goings, who will serve as executive chairman and focus on the successful transition and leadership of the company’s purpose-centered initiatives. Stitzel has served as the company’s…

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Tupperware Sales Down 2% for Q4 2017

Orlando, Florida-based Tupperware Brands Corp. has reported operating results for the fourth quarter 2017. Net sales were $588.6 million, down 2 percent (4 percent local currency). On a comparable basis, adjusting for the impacts of the 53rd week in 2016 and the closure of BeautiControl, local currency sales were estimated to be up 3 percent. Emerging…

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Tupperware Pioneer Joe Hara Passes Away at 91

Former Tupperware chief Joe Hara, who led Tupperware’s North American and international divisions during the company’s golden years in the 1960s, 1970s and 1980s and was the business face of the company for nearly three decades, died on Christmas Eve 2017. He was 91. According to current CEO Rick Goings, Hara was “the heart of…

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Tupperware to Close Factory in France

Orlando, Florida-based Tupperware Brands Corp. recently announced plans to close its only factory in France in March 2018. The closing of the factory will bring an end to 45 years of production at the plant in Joué-lès-Tours and will result in the loss of 235 jobs, according to The Connexion, a French news publication. Another French…

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Natural Disasters: Direct Selling Relief Efforts

In the past month, three natural disasters have struck North America and the Caribbean, killing hundreds of people and causing property damage amounting to billions of dollars. Many people in the direct selling community, particularly those in Texas and Florida, were affected by these horrific events. In late August, Hurricane Harvey devastated the Houston area,…

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Natural Disasters Aftermath: A Message from DSN

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In the past month, three natural disasters have struck North America and the Caribbean, killing hundreds of people and causing property damage amounting to billions of dollars. Many people in the direct selling community, particularly those in Texas and Florida, were affected by these horrific events. During the last week of August, Hurricane Harvey devastated…

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