Economy Country October 24, 2024

Tupperware Files for Bankruptcy | Ours Abroad News

Tupperware, the American food container maker, announced its bankruptcy last month amid financial struggles. The company is seeking strategic options to enhance its recovery.


Tupperware Files for Bankruptcy | Ours Abroad News

The international company Tupperware, specializing in the production of plastic containers, announced its bankruptcy last month. This American company, which has been operating for over 70 years, has communicated its plans for reorganization and the resumption of business after bankruptcy. The COVID-19 pandemic significantly impacted the company's sales, as many clients preferred to buy food storage products online.

"We are focused on stabilizing our business and returning to successful operations," said a Tupperware representative. The company plans to use bankruptcy procedures for restructuring its obligations and ensuring long-term sustainability.

Tupperware is known for its innovative products and direct sales strategy through consultants. It is hoped that after the completion of the bankruptcy procedures, the company will be able to return to sustainable growth and restore its position in the market.