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Tupperware

Bankrupt Tupperware cancels market auction, agrees to lender takeover

The lenders now poised to acquire Tupperware include Alden Global Capital, Stonehill Institutional Partners and a trading desk of Bank of America

Bankrupt Tupperware cancels market auction, agrees to lender takeover
Updated On : 23 Oct 2024 | 10:59 AM IST

Pink bowls & yellow bottles: Tupperware's journey from desire to necessity

Tupperware entered the scene in India in the late nineties and quickly infiltrated the urban kitchen

Pink bowls & yellow bottles: Tupperware's journey from desire to necessity
Updated On : 27 Sep 2024 | 11:08 PM IST

Tupperware boxed in by stiff competition, changing preferences in India

The company, which started in the US in the early 1940s and later set foot in India almost 30 years ago, has seen its sales slowly dwindle, and in FY23, its bottom line was in the red

Tupperware boxed in by stiff competition, changing preferences in India
Updated On : 22 Sep 2024 | 11:38 PM IST

Tupperware lenders fight over assets as company files for bankruptcy

Lenders urged Tupperware to avoid bankruptcy and accept a simple foreclosure instead, court documents show

Tupperware lenders fight over assets as company files for bankruptcy
Updated On : 19 Sep 2024 | 9:36 AM IST

Tupperware lifts lid on its financial problems with bankruptcy filing

The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy. Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer. Despite enjoying the same cultural ubiquity as Kleenex, Teflon and other brands whose trademarked names are eponymous with entire product categories, Tupperware has suffered from waning sales, rising competition and the limitations of the direct-to-consumer marketing model that once defined its success. The company said Tuesday in its bankruptcy filing that consumers shifting away from direct sales, which make up the vast majority of it

Tupperware lifts lid on its financial problems with bankruptcy filing
Updated On : 19 Sep 2024 | 9:22 AM IST

Tupperware files for bankruptcy as its colourful containers lose relevance

The company listed $500 million-$1 billion in estimated assets and $1 billion-$10 billion in estimated liabilities

Tupperware files for bankruptcy as its colourful containers lose relevance
Updated On : 18 Sep 2024 | 11:24 AM IST

Kitchenware brand Tupperware to set up 1,000 retail stores in 5 yrs

Tupperware has drawn up aggressive expansion plans, including setting up of 1,000 retail stores across the country over the next five years, besides tapping sales through digital platform.

Kitchenware brand Tupperware to set up 1,000 retail stores in 5 yrs
Updated On : 26 Sep 2021 | 4:12 PM IST

Tupperware containers with fresh food to help improve Nasa' astronaut diet

With the Veggie system, astronauts have to push water into each plant pillow with a syringe

Tupperware containers with fresh food to help improve Nasa' astronaut diet
Updated On : 31 Mar 2018 | 10:33 PM IST