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.
As we celebrate 20 years of innovations and insights, we take a look back on a few of DSN’s most important milestones. And, we asked industry leaders and legends to share how past evolutions and current opportunities are shaping the future of the industry.
In June 2023, Tupperware Brands Corp (NYSE: TUP) received a non-compliance notice from the NYSE, which cited its inability to trade above $1 per share for 30 consecutive days. On October 3rd, Tupperware reported that it had been granted a requested extension.
Tupperware Brands Corporation announced the resignation of Madeline Otero, Senior Vice President and Chief Accounting Officer.
Tupperware Brands Corporation has finalized an agreement with its lenders to restructure its existing debt obligations. This move is expected to improve the company’s overall financial state and will amend credit obligations as well as extend the maturity of strategic debt facilities.
Tupperware and Vera Bradley announced the continuation of their limited-edition product collaboration after the success of their 2022 collection. The new line will include food and drinkware containers featuring Vera Bradley’s Sea Air Floral and Cloud Vine Multi designs, available in a reusable ECO Water Bottle, Snack Set and Sandwich Keeper.
Tupperware Brands Corp is now working with investment bank Moelis & Co LLC to look into strategic alternatives and announced it has found additional errors in its previous financial reporting.
In a statement this week, Tupperware announced “substantial doubts” about its ability to continue business operations.
In celebration of International Women's Day we wish to honor the innovative women who have driven the growth, evolution and advancement of direct selling for well over a century. And to acknowledge the influence that all women have as decision makers.
Tupperware Brands Corporation reported net sales of $313.7 million in the fourth quarter of 2022, a decrease of 20% year over year.
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