The past two years have been a season of resets. Bankruptcies, closures and pivots captured the headlines, but another equally important story has been consolidation. While the word can feel like a euphemism for weakness, the reality is more nuanced.

For the first time in its almost eighty-year history, Tupperware announced it will debut a line of glass food storage containers. The non-toxic, oven-safe glassware, made from borosilicate, is a major shift for the company as it seeks to offer new products and reinvent itself while staying true to its product roots. The Voila Glass […]

Tupperware announced it will close its operations in Vietnam, effective December 31, 2024. The brand launched in Vietnam in 2013 and opened its first retail store in 2016, growing to approximately 250 stores nationwide.

Tupperware Brands Corporation has reached a tentative agreement with its lenders. As part of this next chapter, the company will emerge as The New Tupperware Company.

Tupperware Brands Corporation announced it has voluntarily initiated Chapter 11 proceedings. The company stated it will also seek court approval to continue operations during the proceedings and will pursue a sale process with the intention of protecting the brand. In 2020, the company announced a Turnaround Plan that it believed would dramatically right-size its cost […]

Tupperware Brands will file for bankruptcy later this week, according to a Bloomberg News report. This news follows protracted negotiations between the legacy brand and its lenders regarding how to manage the company’s more than $700 million in debt. The company’s shares were down 15.8% yesterday after the bell, and down 57% at closing. According […]

Tupperware Brands Corporation will be closing its Hemingway facility. The manufacturing facility, which is located in Williamsburg County in South Carolina, is the only Tupperware manufacturing hub in the US.

A profound belief in human potential has always driven Rick Goings in his decades-long impact as a direct selling executive. His leadership philosophy is centered on creating an environment where people can thrive and become the best versions of themselves. Combining that approach with a core focus on creating and understanding culture and his efforts that shifted attitudes in social responsibility, his lasting global influence has more than earned him the prestigious DSN Lifetime Achievement Award.

Tupperware Brands Corporation announced that its products will now be available for purchase at all Macy’s stores nationwide and on Macys.com. This retail partnership is another step in the brand’s new omnichannel strategy to expand its customer reach.

Tupperware received international Red Dot Awards in the Outstanding Product Design category for its new Tupperware Wow Pop microwave popcorn maker, as well as its new collection of Tupperware Ultimate silicone slim bags.

Tupperware was ranked #13 on Newsweek’s list of 2024 Most Trustworthy Companies in America in the consumer goods category. The list featured 700 companies in 23 industries as determined by global data and business intelligence provider Statista, which surveyed 25,000 US residents and analyzed brand reputations online and within social media.

As part of its ongoing Turnaround Plan, Tupperware Brands has entered into a forbearance agreement with its lenders, a move that is expected to help the company secure more financial flexibility.