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Chris O’Leary Appointed Tupperware Brands Interim CEO
Chris O’Leary Appointed Tupperware Brands Interim CEO
Tupperware Brands Corporation announced that its Board of Directors has appointed Christopher D. O’Leary, an independent director of Tupperware, as interim chief executive officer, effective immediately. This appointment follows Tricia Stitzel’s decision to step down as chairman and CEO of Tupperware, and as a director of the company. Susan M. Cameron, lead director of the Board, was named non-executive […]
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LuLaRoe Cutting 167 Jobs, Closing Corona Warehouse
LuLaRoe Cutting 167 Jobs, Closing Corona Warehouse
The Press-Enterprise, which serves the Inland Empire in Southern California, is reporting that LuLaRoe will permanently lay off 167 workers at its Corona, California distribution center. The layoffs were listed as a permanent closure of the facility in a notification received Wednesday, Oct. 23, by the state’s Employment Development Department. The state of California requires […]
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Tupperware Q3 Net Sales Down 14%
Tupperware Q3 Net Sales Down 14%
Tupperware Brands Corporation announced third quarter 2019 sales of $418.1 million, down 14 percent versus third quarter of 2019. “Sales for the third quarter ended in line with our forecasted guidance as the challenging trends we’ve been experiencing in Brazil, China, and U.S. and Canada persisted as we expected,” said Tricia Stitzel, chairman and chief executive officer of Tupperware Brands. Third […]
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Tricia Stitzel Named Tupperware Brands Chairman of the Board
Tricia Stitzel Named Tupperware Brands Chairman of the Board
Tupperware Brands announced that Patricia A. Stitzel has been appointed Chairman of the Board effective May 22, 2019, following the company’s annual meeting of shareholders. Stitzel is the first woman to hold this position in the company’s 70-year history and takes on this responsibility in addition to her existing role of chief executive officer, which […]
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Tupperware Donates 43,000 Reusable Drinking Items
Tupperware Donates 43,000 Reusable Drinking Items
Tupperware Brands Corporation recently announced the donation of 43,000 reusable drinking items to Clean the World Foundation, a global leader in WASH (water, sanitization and hygiene) and sustainability. The donation comes as a result of Tupperware’s 2019 Buy One, Give One campaign held last month in the US and Canada in honor of World Water Day. From March […]
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Tupperware Sales Down 10% in Q1 2019
Tupperware Sales Down 10% in Q1 2019
Tupperware Brands Corporation today announced first quarter 2019 net sales of $487.3 million. Net sales were down 10 percent (2% local currency). Emerging markets, accounting for 69 percent of sales, were down 11 percent (down 3% local currency). The emerging market operating units with the most significant local currency sales growth in the first quarter were Argentina, […]
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Sandra Harris Appointed Tupperware Chief Financial Officer
Sandra Harris Appointed Tupperware Chief Financial Officer
Tupperware Brands Corporation recently announced the appointment of Cassandra “Sandra” Harris as executive vice president and chief financial officer effective April 1, 2019. Harris succeeds Michael Poteshman, who recently announced his retirement after a 25-year career with the Company. He will remain until March 31, 2019, and provide consulting services through September 30, 2019, to ensure an orderly transition. “We […]
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Direct Selling-Style Retail Expected to Thrive in UK in 2019
Direct Selling-Style Retail Expected to Thrive in UK in 2019
Retailers using a business model similar to Tupperware parties or Avon’s door-to-door selling are expected to see strong growth in the UK this year. According to a story in the Retail Gazette, an independently sourced news organization covering the UK’s diverse retail industry, the UK Direct Selling Association (DSA) said it expected to see strong growth within the […]
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Tupperware Brands Announces 2019 Global Links Scholar
Tupperware Brands Announces 2019 Global Links Scholar
Tupperware Brands Corporation recently announced that Dr. Denise Poiani Delboni of Brazil is the next scholar to be selected to its cross-cultural exchange program Global Links. The program, co-founded with the Crummer Graduate School of Business at Rollins College and supported by U.S. Department of State’s Office of Global Women’s Issues, is designed to build capacity for women’s social […]
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Tupperware Q4 2018 Net Sales Down 14%
Tupperware Q4 2018 Net Sales Down 14%
Tupperware Brands Corporation announced fourth quarter 2018 net sales were $505.9 million, down 14 percent (7% local currency) compared to fourth quarter 2017. Emerging markets, accounting for 67 percent of sales, were down 15 percent (down 5% local currency). The emerging market operating units with the most significant local currency sales growth in the fourth quarter […]
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Tupperware Brands Adds Chris O’Leary to Board of Directors
Tupperware Brands Adds Chris O’Leary to Board of Directors
Tupperware Brands Corporation (NYSE: TUP) recently announced that Christopher D. O’Leary has been elected to the company’s board of directors, effective immediately. “We are pleased to have Chris join our board,” said Executive Chairman Rick Goings. “He brings more than 37 years of operational and leadership experience to Tupperware, having served in several strategically important executive positions […]
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Public Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Public Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]
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