Transformation Capital reported that September represented a generally volatile period for the markets as a whole. According to the investment banking and business development firm, members of its direct selling tracking set were not immune to the action within the broader indices. Generally speaking, the larger capitalization stocks were flat, to slightly down during the month,…

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Chris O'Leary

Tupperware Brands Corporation today reported second quarter sales of $397.4 million, down 16 percent versus last year and 8 percent in local currency. According to the company, while average active sales force was down 17 percent, sales per active sales force was up 11 percent, reflecting strong engagement by the sales force utilizing digital tools…

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Tupperware Brands Corporation today named Beatriz Díaz de la Fuente as the company’s chief human resources officer. Díaz de la Fuente, who will join Tupperware on June 1, 2020, will oversee the company’s complete human resources strategy, including talent management, HR technology systems, leadership development and compensation and benefits. As part of the company’s recent organizational redesign, all human resources…

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Tupperware Brands Corporation has announced Marco Brandolini as the company’s vice president of Commercial for Europe, the Middle East and Africa (EMEA). Brandolini will be responsible for leading the Commercial business in EMEA, addressing sales trends by simplifying business models across the region, enhancing the distributor and sales force experience, and identifying opportunities to expand consumer access to the brand in Europe. Brandolini…

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Tupperware Q3

Tupperware Brands Corporation reported sales for the first quarter ended March 28, 2020, were $375.9 million, down 23 percent versus last year. “We continue to take swift actions to strengthen our business and navigate the uncertainties of COVID-19, including accelerating our planned cost savings from $50 million to $75 million in 2020,” said Miguel Fernandez, president and chief executive officer…

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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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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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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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Fast Company Design Awards

Tupperware Brands has been honored in Fast Company‘s Innovation by Design Awards for 2019 in the categories of Design Company of the Year and Best Design in North America. “The Tupperware brand has long been synonymous with iconic kitchen products, but Tupperware is far more than meets the eye,” said Asha Gupta, chief strategy and marketing officer at…

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