Sunday / January 28. 2024
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Sunday / January 28. 2024
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Cheers to 20!
Cheers to 20!
As we celebrate 20 years of innovations and insights, we take a look back on a few of DSN’s most important milestones. And, we asked industry leaders and legends to share how past evolutions and current opportunities are shaping the future of the industry.
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NYSE Grants Tupperware’s Compliance Extension Request
NYSE Grants Tupperware’s Compliance Extension Request
In June 2023, Tupperware Brands Corp (NYSE: TUP) received a non-compliance notice from the NYSE, which cited its inability to trade above $1 per share for 30 consecutive days. On October 3rd, Tupperware reported that it had been granted a requested extension.
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Tupperware SVP and Chief Accounting Officer Resigns 
Tupperware SVP and Chief Accounting Officer Resigns 
Tupperware Brands Corporation announced the resignation of Madeline Otero, Senior Vice President and Chief Accounting Officer.  
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Tupperware Announces Debt Restructuring in Continued Turnaround Efforts 
Tupperware Announces Debt Restructuring in Continued Turnaround Efforts 
Tupperware Brands Corporation has finalized an agreement with its lenders to restructure its existing debt obligations. This move is expected to improve the company’s overall financial state and will amend credit obligations as well as extend the maturity of strategic debt facilities.
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Tupperware and Vera Bradley Continue Partnership with New Floral Line 
Tupperware and Vera Bradley Continue Partnership with New Floral Line 
Tupperware and Vera Bradley announced the continuation of their limited-edition product collaboration after the success of their 2022 collection. The new line will include food and drinkware containers featuring Vera Bradley’s Sea Air Floral and Cloud Vine Multi designs, available in a reusable ECO Water Bottle, Snack Set and Sandwich Keeper.
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Tupperware Signs with Investment Bank to Explore Strategic Alternatives 
Tupperware Signs with Investment Bank to Explore Strategic Alternatives 
Tupperware Brands Corp is now working with investment bank Moelis & Co LLC to look into strategic alternatives and announced it has found additional errors in its previous financial reporting.
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Tupperware Brands Takes Action to Improve Capital Structure and Liquidity Position
Tupperware Brands Takes Action to Improve Capital Structure and Liquidity Position
In a statement this week, Tupperware announced “substantial doubts” about its ability to continue business operations.
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Honoring Women
Honoring Women
In celebration of International Women's Day we wish to honor the innovative women who have driven the growth, evolution and advancement of direct selling for well over a century. And to acknowledge the influence that all women have as decision makers.
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Tupperware Net Sales See 18% Decline in 2022 
Tupperware Net Sales See 18% Decline in 2022 
Tupperware Brands Corporation reported net sales of $313.7 million in the fourth quarter of 2022, a decrease of 20% year over year.
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Tupperware 3-Year Partnership with National Park Foundation Diverts 10 Million Plastic Bottles from Landfills 
Tupperware 3-Year Partnership with National Park Foundation Diverts 10 Million Plastic Bottles from Landfills 
Tupperware’s pledge to the foundation has helped reduce single-use plastic waste, develop recycling and composting infrastructure and install 44 water bottle refill stations across seven parks.
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Tupperware Reports Q3 Net Sales of $302.8 Million 
Tupperware Reports Q3 Net Sales of $302.8 Million 
Tupperware Brands Corporation announced third quarter net sales of $302.8 million, a 20% dip from $376.9 million during the third quarter of last year.
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Tupperware 2022 ESG Report Highlights Progress in Sustainability and Gender Equity 
Tupperware 2022 ESG Report Highlights Progress in Sustainability and Gender Equity 
Tupperware Brands Corporation released its 2022 ESG (Environmental, Social and Governance) Report, highlighting its efforts to make ongoing progress towards its sustainability, environmental and gender equity goals.
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