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Tupperware Marks 25 Years in India
Tupperware Marks 25 Years in India
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 […]
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Tupperware Named One of America’s Most Responsible Companies by Newsweek
Tupperware Named One of America’s Most Responsible Companies by Newsweek
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 […]
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Tupperware to Remain Headquartered in Central Florida
Tupperware to Remain Headquartered in Central Florida
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 […]
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Tupperware Brands Awarded U.S. Patent for NASA-Tested Product
Tupperware Brands Awarded U.S. Patent for NASA-Tested Product
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 […]
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Tupperware Announces Retirement of Outstanding 4.750% Senior Notes
Tupperware Announces Retirement of Outstanding 4.750% Senior Notes
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 […]
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Tupperware Q1 2020 Sales Down 23%
Tupperware Q1 2020 Sales Down 23%
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 […]
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Tupperware Shares Down Following Launch of Accounting Investigation
Tupperware Shares Down Following Launch of Accounting Investigation
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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Tupperware Shares Down Following Launch of Accounting Investigation
Tupperware Shares Down Following Launch of Accounting Investigation
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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Financial Analysis
Financial Analysis
WeWork Debacle Changes the Gig Economy Game; Public Direct Sellers Continue to Slow.   WEWORK IMPLOSION SIGNALS THE END TO BLANK CHECK FINANCING FOR GIG ECONOMY For the past several years, growth in the U.S. Direct Selling market has appeared to plateau after decades of posting mostly consistent, mid-single-digit kind of growth rates, even during […]
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Financial Analysis
Financial Analysis
WeWork Debacle Changes the Gig Economy Game; Public Direct Sellers Continue to Slow.   WEWORK IMPLOSION SIGNALS THE END TO BLANK CHECK FINANCING FOR GIG ECONOMY For the past several years, growth in the U.S. Direct Selling market has appeared to plateau after decades of posting mostly consistent, mid-single-digit kind of growth rates, even during […]
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Tupperware Brands Appoints Aedhmar Hynes to Board of Directors
Tupperware Brands Appoints Aedhmar Hynes to Board of Directors
Tupperware Brands Corporation recently announced that Aedhmar Hynes has been elected to its Board of Directors, effective December 16, 2019. Hynes has been ranked among the 50 most powerful communications professionals in the world by PRWeek, which also named her a Global Professional of the Year in 2018 and inducted her into its Hall of […]
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TuppSoho: Tupperware’s First Ever Brand Store
TuppSoho: Tupperware’s First Ever Brand Store
Tupperware, one of the most iconic brands in the world, has unsealed its first pop-up location in its nearly 75-year history just in time for the holidays. TuppSoho, a limited-time store now open at 227 Mulberry Street in New York City through December 22, will offer an immersive experience where guests can purchase iconic Tupperware products. Designed to engage and […]
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