Tupperware Brands Corporation announced that Mauro Schnaidman has been elected to its Board of Directors. Schnaidman is a seasoned executive with more than 30 years in the consumer product, digital and direct selling sectors. He is the former president and chief executive officer of JAFRA Cosmetics International, a global marketer of beauty and skin care products. In…

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Tupperware Brands Corporation (NYSE: TUP) today announced that its Board of Directors has appointed Miguel Fernandez as president and chief executive officer, effective April 6, 2020. The Board also has appointed Richard (“Rich”) Goudis as executive vice chairman, effective March 12, 2020. Goudis is the former chief executive officer of Herbalife Nutrition Ltd. “The Board is…

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Direct Selling News has been talking a lot lately about how our channel needs to evolve and come in line with the current consumer landscape. In a recent article posted, the Wall Street Journal shone a light on Tupperware’s struggle to attract customers as well as its Feb. 24 announcement that its annual report would…

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Rosen Law Firm, a global investor rights law firm, announced it has filed a class action lawsuit on behalf of purchasers of the securities of Tupperware Brands Corporation (NYSE: TUP) between January 30, 2019 and February 24, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tupperware investors under the federal securities laws. According to the…

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Chris O'Leary

Tupperware Brands Corporation shares are down over 20 percent in pre-market trading today following the launch of an investigation into the company’s financial accounting by Shareholder Rights Law Firm Johnson Fistel, LLP. Johnson Fistel is investigating potential violations of the federal securities laws by Tupperware and its officers and directors following yesterday’s announcement by Tupperware…

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Tupperware Brands Corporation recently announced that E.V. (Rick) Goings, chairman emeritus of Tupperware Brands, will retire from the Board, effective February 19, 2020. “Leaving the Tupperware Brands board will allow me to focus on my philanthropic work, especially as chairman and co-founder of the World Federation of Youth Clubs, which supports youth service organizations around the…

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Tupperware Brands Corporation recently announced that Aedhmar Hynes has been elected to its Board of Directors, effective December 16, 2019. Hynes has been ranked among the 50 most powerful communications professionals in the world by PRWeek, which also named her a Global Professional of the Year in 2018 and inducted her into its Hall of…

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TuppSoho

Tupperware, one of the most iconic brands in the world, has unsealed its first pop-up location in its nearly 75-year history just in time for the holidays. TuppSoho, a limited-time store now open at 227 Mulberry Street in New York City through December 22, will offer an immersive experience where guests can purchase iconic Tupperware products. Designed to engage and…

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Chris O'Leary

Tupperware Brands Corporation announced that its Board of Directors has appointed Christopher D. O’Leary, an independent director of Tupperware, as interim chief executive officer, effective immediately. This appointment follows Tricia Stitzel’s decision to step down as chairman and CEO of Tupperware, and as a director of the company. Susan M. Cameron, lead director of the Board, was named non-executive…

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Tupperware Q3

Tupperware Brands Corporation announced third quarter 2019 sales of $418.1 million, down 14 percent versus third quarter of 2019. “Sales for the third quarter ended in line with our forecasted guidance as the challenging trends we’ve been experiencing in Brazil, China, and U.S. and Canada persisted as we expected,” said Tricia Stitzel, chairman and chief executive officer of Tupperware Brands. Third…

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