Tupperware Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.
Sept 17 (Reuters) - Tupperware Brands (TUP.N), opens new tab and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular ...
Tupperware Brands is reportedly planning to file for bankruptcy as soon as this week. Tupperware Brands shares fell nearly 60% on the news. Tupperware Brands Corp TUP shares are in the spotlight ...
Tupperware Brands Corp. is planning to file for bankruptcy protection, after the food-storage and kitchenware brand broke the terms of its debt following years of struggles with competition ...
Sept 16 - Tupperware Brands (TUP.N), opens new tab is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people with knowledge of the plans.
Tupperware has for years warned of doubt in its ability to stay in business. In June it made plans to shutter its only US factory and lay off almost 150 employees.
Fans are mourning the failure of the famous brand, a longtime kitchen staple hailed around the world for its durability.
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