Tupperware Brands Corp. is gaining new life as a group of lenders will take control of the beleaguered food container company. But the company said the change will bring about closure of ...
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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 ...
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 ...
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 ...
Established nearly 80 years ago, Tupperware said its business failure was due in large part to its inability to adapt to a new era of omnichannel and e-commerce focused retail, the company ...
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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 ...
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 ...