Tupperware Brands announced a new strategic partnership with Tritan™ Renew from Eastman, a global specialty materials company focused on sustainability and safety. Tupperware’s ECO+ line, which features products made from sustainable materials, will now feature two new products, Lunch-It® Containers and Sandwich Keepers. “At Tupperware, we continuously invest in new research and design for innovative, […]
Tupperware Brands’ nonprofit Tupperware Brands Charitable Foundation announced a collective contribution to support the National Park Service in diverting nearly 10 million single-use plastic bottles from landfills. This effort includes the installation of water bottle refill stations in national parks as well as composting and recycling infrastructure and waste reduction education. This partnership comes as […]
Tupperware Brands released its fourth quarter and full-year results of 2020. Sales were up 17% in Q4 as compared to the same period in 2019. The company’s turnaround cost savings were $72 million for Q4 and $192 million for the full year. “The results reported today show that our efforts to fix the core business […]
Rick Goings is Chairman Emeritus and former CEO of Tupperware Brands. During his successful career, Goings held a number of global senior management positions in Europe, Asia and the U.S. Goings was an outspoken advocate in redefining business as something that served not only shareholders but all stakeholders, including customers and employees. Humanitarian and philanthropic efforts have been […]
DSN in partnership with Transformation Capital released the February Digital Momentum Index. Exiting the holidays, the full 100-company list saw increases in average monthly fan/follow growth and engagement across both platforms (Facebook and Instagram). Additionally, February saw an average increase in web traffic. January’s publication received significant international attention, and we are very excited to […]
Tupperware has become a household name in India since it launched in the country 25 years ago. Since then, the company has partnered with 1.5 million Indian women to offer empowerment and entrepreneurial opportunities, and is present in 80 retail outlets in 51 cities across the country. Today, the company is focused on increasing its […]
Together with Statista, Newsweek recognized 399 companies across industries with varying size and revenue who are acting as good citizens and neighbors to the communities where they operate. Tupperware was ranked #200 on Newsweek’s second annual list and #18 in the consumer goods category. “It is an honor to be recognized by Newsweek for the […]
Tupperware Brands announced its commitment to remain in the Orlando area. The company closed on a long-term sale-leaseback agreement with O’Connor Capital Partners for approximately 41 acres of land on which Tupperware Brands’ headquarters is located. The transaction transferred approximately 108 acres and is the first of two transactions to finalize Tupperware’s sale of the company’s remaining land […]
Tupperware Brands today announced the issuance of a U.S. patent for PONDS, a device designed to grow vegetables in low earth orbit with minimal maintenance. “We are proud to have received a patent for the unique and novel design of PONDS,” said Miguel Fernandez, chief executive officer of Tupperware Brands. “With this patent in hand and […]
Tupperware Brands Corporation announced the expiration and final tender results of its previously announced offer of outstanding 4.750% Senior Notes. The “First Offer” was to purchase for cash up to $175 million aggregate principal amount of its outstanding 4.750% Senior Notes due 2021 (the “Notes”) that were validly tendered (and not validly withdrawn) at or prior to […]
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 […]
Tupperware Brands Corporation shares are down over 20 percent in pre-market trading today following the launch of an investigation into the company’s financial accounting by Shareholder Rights Law Firm Johnson Fistel, LLP. Johnson Fistel is investigating potential violations of the federal securities laws by Tupperware and its officers and directors following yesterday’s announcement by Tupperware […]
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