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.
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.
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