Tupperware, the iconic American producer of plastic food containers, is facing bankruptcy
The conmpany’s price has fallen 45% in a short period of time and has depreciated 98% in one year.
The popularity of Tupperware containers has decreased significantly among younger generations, who are increasingly environmentally conscious and looking for more sustainable ways to store food. Tupperware is facing short-term financing liquidity problems due to expensive loans and the challenging internal and external business environment, and the company has doubts about its ability to continue its activities.
Tupperware is consulting with advisors on financing options to determine whether there is hope for the business to be retained.
Related news
Makó enters a new industrial era – the Chinese aluminum can factory starts operations
A historic investment is underway in Makó: Benepack Hungary Kft.,…
Read more >British consumers and biodegradable bottles: they are willing to pay more, but it is not enough
British consumers are willing to pay a higher price for…
Read more >Aldi cuts back on wine packaging
The UK subsidiary of budget supermarket Aldi will cease to…
Read more >Related news
THE LATEST ISSUE OF TRADE MAGAZINE IS OUT NOW!
The extended digital version of the latest, 2025/4 issue of…
Read more >Most people are looking for traditional ham for Easter
Most people are looking for traditional, slow-cured ham for Easter,…
Read more >Chicken breast is the favorite – meat consumption is rising again in Hungary
Domestic customers continue to prefer poultry meat, according to recent…
Read more >