Multilevel marketing, the strategy that spawned decades of Tupperware parties and door-to-door Avon sales, appears to be falling flat for some companies after years of public scrutiny. Companies ...
Tupperware has reached a tentative agreement to sell its business just weeks after the kitchen product company filed for bankruptcy. The private sale of the Tupperware name and its products is ...
the sale marks a fresh start for the company. The transaction will include the sale of “all intellectual property needed to create and market” Tupperware’s brand and products plus its ...
Tupperware, a brand that has been part of American households since 1946, recently filed for Chapter 11 bankruptcy. Now that Tupperware is seeking new ownership and a path to reinvention, industry ...
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Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge ...
Tupperware Brands’ sales revenue was $1.37 billion in 1996, the year it was listed on the New York Stock Exchange. Revenue crossed $2 billion in 2008 and was $2.16 billion at the end of that ...
Tupperware Brands agreed to sell the business to its lenders in bankruptcy in a deal that would preserve its brand name and some of its core assets. Lenders including Stonehill Capital Management ...
CANNOT BE PROSECUTED. TUPPERWARE IS SHUTTING DOWN OPERATIONS AT ITS HEADQUARTERS IN ORLANDO BY THE END OF THE YEAR. THE COMPANY IS ALSO LAYING OFF 145 EMPLOYEES. THE ANNOUNCEMENT COMES LESS THAN A ...
NEW YORK (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for ...