Tupperware News

Tupperware Names New President Daisy Chin

Press Release | 3/16/2011

Chin-Lor served as President & Managing Director of Tupperware Korea, where she led the business to double-digit growth year-over-year. During her time in Korea, she increased the size of the sales force and strengthened the management team. Chin-Lor brings a wealth of beauty, spa and direct selling experience to BeautiControl from her experiences at Tupperware Korea and her senior-level roles with companies such as Chanel, Elizabeth Arden Spas and Avon.

"Daisy has proven herself as a leader and built on her core talent and skill set with assignments in multiple functional areas on various continents," said Tupperware Brands Chairman and CEO Rick Goings. "I've known her for more than 20 years and have grown to admire her talent, her style, and her incredible energy. BeautiControl is extremely important to Tupperware Brands, and I'm confident that its future will be bright with Daisy at the helm."

Tupperware Brands also announced that Albert Bosch will transfer to Tupperware Japan as President and Managing Director, where he will be responsible for expanding the Company's business in the world's largest direct selling market.

Bosch previously served as President of BeautiControl North America, where he strengthened the management team and revamped the compensation plan for the sales force. Prior to that, Bosch was Managing Director of Tupperware Brands Mexico. In that role, he led the business to two consecutive years of strong double-digit growth in sales and profit and laid the groundwork for continued success. Bosch previously has held leadership positions in areas including marketing, strategy & business development, Internet operations and regional sales for North America and Latin America.

"Tupperware Brands has been in Japan for more than 40 years, yet our penetration there is not nearly as strong as it could be," said Goings. "There's a great opportunity there for our company, and I know Albert has the right combination of experience and leadership skills to build relationships, establish trust and energize a team to make the changes necessary to realize the market's huge potential."

Tupperware CEO Says Job Cuts Unlikely

Reuters | 1/30/2009

"The last thing to cut is your talent," Goings said in an interview at the annual meeting of the World Economic Forum in Davos, Switzerland. "This is not a time to build new factories or excess capacity, but I don't see any (need for) reengineering programmes out there for us."

Instead of cutting staff, Tupperware will trim capital spending by a third this year.

Article Link

Tupperware Brands Recognized by Forbes

PR Newswire | 1/13/2009

Each year Forbes.com selects their Platinum 400, also known as the "Best Big Companies in America," measuring factors such as sales and earnings growth, debt to total capital, earnings outlook and stock market returns. The Platinum 400 companies are divided into 26 industry groups and ranked according to numerous growth rates and valuation measures. Forbes' methodology ranks companies both on one and five-year data, in order to take into account long-term success and latest performance. Guided by these rankings and other data, including analyst reviews and accounting and governance ratings from Audit Integrity, the editors select one company as the best managed for each industry.

Article Link

Tupperware Receives Award for Brand Recognition

PR Newswire | 12/31/2008

Superbrands, a highly-respected organization that strives to provide recognition for exceptional brands in 82 countries, selected Tupperware as a Superbrand for the 2008 Awards in India, praising the business for its dedication and commitment to the market in India. Tupperware's rating in India falls within the top 3% of all brands across all segments and all categories. The renowned recognition is acknowledged and selected by independent judging panels of brand management experts; The Superbrands Council, and criteria is based on the establishment of a brand's reputability within an industry and a strong competitive advantage recognized by consumers.

"Tupperware has grown tremendously in several global markets, including India, China and Indonesia and it's an honor to be recognized for our success from some of the most prestigious organizations throughout the world," said Rick Goings, Chairman and CEO of Tupperware Brands Corporation. "It's still early innings for us in these emerging markets, but the brand is already recognized and respected, which is incredibly encouraging."

Article Link

Tupperware Growth Lead by Beauty Sales

CosmeticsDesign.com | 4/29/2008

Overall sales grew by 19 percent for the full year to reach $543m - helped along by a 15 percent increase in the company's beauty sales and a 21 percent increase in the group sales.

The figure was positively impacted by a weakened dollar. In local currencies sales in its international businesses rose 8 - 13 percent.

Article Link

Tupperware Ranks Number 2 Household Brand

PR Newswire | 3/12/2008

The Fortune "Most Admired Companies" list is the definitive report card on corporate reputations. The list is created from an annual survey conducted by Hay Group in conjunction with Fortune, of over 15,000 top executives and members of the financial sphere. High level executives, directors and analysts are asked to rate companies in their respective industries based on eight criteria: quality of management, quality of products and services, innovation, long-term investment value, financial soundness, people management, social responsibility and use of corporate assets. In order to be included in The Most Admired list, a company's score must rank in the top half of its industry survey.

Article Link

Tupperware Says Business on Track for 2008

Reuters | 1/30/2008

Despite growing concerns about the threat of recession in the United States, CEO Rick Goings said fundamentals were good.

"We're in a quiet period but through the third period of reporting we said we'd be up 7 percent plus (on revenues) on the year and up double-digit profits, and if we were going to miss those levels we would pre-release," he told Reuters on the sidelines of the World Economic Forum in Davos.

Article Link

Tupperware Enters New Credit Agreement

CNNMoney.com | 10/8/2007

In connection with the termination of the Company's previous credit agreement, in its third quarter ending September 29, 2007, it will record one- time costs of about $10 million, for the write off of deferred debt costs and the termination of floating-to-fixed interest rate swaps.

Article Link

Tupperware Declares Dividend

Trading Markets | 8/27/2007

P.S. TUP has received a PowerRating of 5. TradingMarkets PowerRatings are a proprietary stock rating method which ranks stocks on a scale of 1-10. The higher the rating, the greater the one week historical gain has been for stocks with that rating. PowerRatings is an easy-to-use system that assigns a rating based on the relative strength or weakness of particular stocks. This rating system helps traders and investors anticipate their investment strategy over the next 1 to 5 trading days.

Article Link

Tupperware Sales Boosted by Latin America

CosmeticsDesign.com | 8/5/2007

But although profit increase for the company as a whole was strong, profits for the cosmetic division was hit by restructuring in Mexico and continued investment in the booming South American market.

The company, which manufactures and markets a range of consumer goods, including food and beverage containers and associated products, together with a portfolio of beauty and cosmetic brands mainly sold through direct sales channels, said that sales for its second quarter were up 7 percent in local currency and 12 percent in US dollars to reach $492.9m.

Likewise, net income also showed a healthy rise, up from $25.2m in the corresponding quarter of 2006, to reach $35.5m, a leap of nearly 41 percent.

Article Link

Tupperware Growth Continues

Chicago Tribune | 7/25/2007

Tupperware? Here's why: At a Tupperware party with her friends decades ago my mother ordered an entire set of those airtight food containers, cups and tumblers with tops.

Everything arrived in time for our annual family pilgrimage of aunts, uncles and cousins to the Lake County Fairgrounds in Crown Point, Ind. Us city kids would immerse ourselves in a whirlwind day of 4-H displays, pie competitions, farm animals, entertainment and rides.

This, of course, included the traditional family picnic. On this particular occasion my mother exuded quiet pride in her brand-new protective containers for the potato salad, coleslaw, cold cuts, sandwiches and beverages we had brought.

Article Link

Tupperware in OC Register

OCRegister | 7/18/2007

It was a beautiful summer evening, and Barbara had set up on the patio. Women wore light, low-cut summer dresses and most of the men – there were a lot of men – wore linen slacks, nice loafers and Tommy Bahama-style shirts. I saw former Assemblywoman Marilyn Brewer and people who appear in the society columns.

Dee, the Tupperware "consultant" made her entrance at 6:45 p.m., walking out of the house and down the steps to the patio clad in a huge Dolly Parton wig, a red-gingham blouse tied up at her midriff, a pair of Daisy Dukes slit to her waist and red 6-inch heels. Dee, as was evident to all, was a drag queen.

Article Link

Tupperware Makes Move into UK Market

Woking News and Mail | 7/9/2007

From its new 1,500 square foot warehouse and office facility on the Lansbury Estate, the kitchenware giant is hoping to make an impact under the stewardship of chief importer and distributor Janet Hall.

Advertisementyour story continues below The mother-of-two from Guildford chose Woking as the company’s new base because of its convenient location.

She said: “The business is now quite big in the UK, to the point where we needed to stop bringing stock over from France as this was taking longer to reach customers.”

Tupperware, known for marketing its products through ‘parties’, has already signalled its commitment to the town, creating new jobs and using local couriers and freight carriers whenever possible.

Article Link

Beauticontrol Parent Tupperware Announces Webcast

Earthtimes.org | 6/12/2007

This presentation is being webcast and can be accessed at http://www.tupperwarebrands.com/.

Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force of 1.9 million. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through its Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo and Swissgarde brands. Tupperware Brands Corporation

Article Link

Tupper Ware Profits Rise in 2007

Plasteurope | 5/29/2007

Article Link

Tupperware Shares Up

Reuters | 5/1/2007

LOS ANGELES, April 25 (Reuters) - Tupperware Brands Corp. (TUP.N: Quote, Profile, Research posted higher quarterly net profit on Wednesday that beat Wall Street estimates, helped by strong sales in Japan, the United States and in emerging markets.

The company also raised its full-year earnings forecast and its shares rose 6 percent in extended trading.

Known best for its food storage containers sold at in-home parties, Tupperware said net income in the first quarter was $19.6 million, or 32 cents a share, from $16.0 million, or 26 cents a share in the year-ago quarter.

Sales rose 8 percent in the quarter to $456.9 million. Strength in the U.S., Japanese, Australian and South African markets outweighed weak performance in Germany, the company said.

Article Link

Tupperware Searches for Design Talent

PR Newswire | 3/7/2007

NEW YORK, March 5 /PRNewswire-FirstCall/ -- Design enthusiasts everywhere, it's time to get your imaginations in gear! Tupperware (NYSE: TUP) has announced the launch of its 2007 Translations in Tupperware(R) Global Design Contest and is challenging the public to put their creativity to work. The basis behind the design contest is simple -- entrants are asked to use Tupperware products as their motivation and inspiration for constructing a piece of artwork or unique functional product. The contest will be open to more than 20 countries around the world and all submissions must be received no later than August 31, 2007. Participants will have the chance to win a trip for two to New York City, a $2,000 cash prize, and the opportunity to have their work included in a public exhibit. Each participating country will select a winner from the following three categories: Fashion, Free Form, and Utility Object. These selected entries will continue on to New York City for a final judging event, where one top prize winner from each category will be chosen by a panel of influencers and taste makers from the design industry. Each submission requires a short essay explaining the concept behind the design, as well as a photograph of the piece. To register or to learn more about the global design contest, entrants should log onto http://www.translationsintupperware.com.

Article Link

Tupperware Brands Corp Declares Quarterly Dividend

Press Release News | 2/26/2007

Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force of 1.8 million. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through its...

Article Link

Huge Fire at Tupperware Plant

Eyewitness News | 11/8/2006

No injuries have been reported. Firefighters don't know what caused the fire at this time.

Article Link

Tupperware Announces Small Cap Webcast

Finanzen.net | 6/10/2006

This presentation is being webcast and can be accessed at http://www.tupperware.com

Article Link

in Home Sales Boom

Detroit Business News | 5/31/2006

In-home sales of makeup and intimate products boom

CARLETON -- Leslie Zay always struggled with her finances. She often had trouble making ends meet, and sometimes needed public assistance just to put food on her family's table.

Today, Zay owns her own business and collects more than $8,000 a month selling Pure Romance products such as edible body powders, lotions, videos and adult toys designed to put some extra zing in the romance department.

"My business took off right away," said Zay, a 51-year-old grandmother from Hamburg. "It's been phenomenal. It allows me the flexibility in my life to keep me happy."

Zay is among a growing number of people running their own in-home party businesses. Their motivations range from mothers who want a more flexible schedule to laid-off workers looking to replace lost wages.

And they're not just selling Tupperware and Mary Kay cosmetics anymore. Entrepreneurs are hosting in-home sales parties for everything from jewelry to candles to intimate apparel.

There's even Vantel Pearls in the Oyster Inc., where consultants bring live oysters to home parties; guests open the shells and can have the pearls they find inside appraised and set into gold rings.

Article Link

Whats Up With Tupperware

The Motley Fool | 5/11/2006

For long-term holders of Tupperware (NYSE: TUP), a Motley Fool Income Investor pick, the champagne for the next Tupperware party has been held on ice. The shares have basically treaded water over the past five years, now worth less than half their 1997 prices. However, the shares may be worth a look to the value crowd, given their decent valuation and favorable dividend yield.

In the first-quarter earnings Tupperware reported April 25, sales increased 30% -- 34% on a local-currency basis. Earnings per share came in at $0.26, ahead of previous guidance of $0.22-$0.24 per share. Negative foreign exchange translations dented results by $0.04 per share.

Article Link

Tupperware Launches Design Contest

Npros.com | 4/24/2006

NEW YORK, April 24 /PRNewswire-FirstCall/ -- Today, Tupperware® (NYSE: TUP - News) announced the launch of the 2006 Translations in Tupperware global design contest and is calling upon the public to put their creative genius to work. Entrants will be asked to create a piece of art or unique functional product using Tupperware products as the basis for their inspiration. The contest will be open to more than 27 countries around the world and all submissions must be received no later than August 17, 2006.

Entrants must also submit a photograph of their piece as well as a short essay explaining the concept behind their submission. To register or to learn more about the global design contest, entrants should log onto://www.translationsintupperware.com. Participants will have the chance to win a trip for two to New York City, a $5,000 cash prize, and the opportunity to have their work included in a worldwide traveling exhibit.

Article Link

Tupperware gives itself a face-lift

The Pueblo Chieftain | 4/20/2006

Chief executive Rick Goings said that the rapidly growing beauty segment likely will dominate Tupperware Brands ‘before I leave here.’

ORLANDO, Fla. - With the lights dimmed and New Age music playing in the background, Kemper Bushnell is leading a group of women though a series of breathing exercises.

‘‘Breathe in through your nose and put your hand on your stomach to feel your breath,’’ Bushnell says to the group gathered in a living room in a suburban east Orange County, Fla., home.

While Bushnell’s instructions are designed to relax, they’re also part of her pitch.

An independent director of a sales team for BeautiControl, a line of beauty and skin-care products owned by Tupperware Brands, Bushnell is putting on a so-called ‘‘spa escape party’’ designed to sell items ranging from chilled eye pads with cucumber-ivy extracts to frozen margarita foot cream.

The party represents part of a multiyear makeover at Tupperware, the Orlando-based company that has been trying to shed its 1950s-era image of homemakers peddling milky-white bowls in tract homes.

Already, Tupperware has changed the look and feel of its parties, updated and expanded its traditional product line to include colorful bowls and stylish kitchen goods, expanded into foreign markets and pushed into the cosmetics business with the purchase of BeautiControl. Furthering its transformation, Tupperware agreed to pay an estimated $566 million in August for the overseas direct-selling beauty business of Sara Lee Corp.

Article Link

Tupperware struggles to reinvigorate its empire

MSNBC | 3/19/2006

Article Link