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.

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.