Editing Tupperware (section)

=== 2001–present ===
[[File:Tupperware Brands Corporation logo.svg|left|thumb|Tupperware logo from 1994 to 2024.]]
In 2003 Tupperware closed down operations in the [[United Kingdom|UK]] and [[Ireland]], citing customer dissatisfaction with their direct sales model.<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/business/2685755.stm |title=Party Is over for Tupperware UK |date=23 January 2003 |access-date=10 May 2011 |work=[[BBC News]] }}</ref> The company relaunched in the UK in mid-2011,<ref>{{cite news |url=https://www.bbc.co.uk/news/magazine-13331830 |title=Did Tupperware Parties Change the Lives of Women? |date=10 May 2011 |access-date=10 May 2011 |work=[[BBC News]] }}</ref> and recruited UK staff, but in December the relaunch was canceled. 

As of 2007 Tupperware was sold by means of approximately 1.9 million direct salespeople on contract.<ref name="freshup">{{Cite news|url=https://www.nytimes.com/2007/07/07/business/07interview.html|title=Tupperware Freshens Up the Party|work=[[The New York Times]]|date=July 7, 2007|access-date=May 19, 2009 | first=Amy | last=Cortese}}</ref>

In May 2018, the Israeli daily ''[[TheMarker]]'' reported that Tupperware would withdraw from Israel, leaving 2,000 agents without a job.<ref>{{Cite news|url=https://www.themarker.com/career/1.6096635|title=טאפרוור עוזבת את ישראל - ו-2,000 מפיצות ללא עבודה|last=חרותי-סובר|first=טלי|date=2018-05-17|work=TheMarker|access-date=2018-05-18}}</ref> Tupperware Israel relaunched in December 2020 as an online shop.<ref>{{cite web |url=https://tupperware.co.il/ |title=Home |website=tupperware.co.il}}</ref> In March 2021 Tupperware closed down operations in the [[Netherlands]].<ref>{{Cite web|url=https://www.dutchnews.nl/news/2021/03/no-more-plastic-path-to-empowerment-tupperware-party-in-nl-is-over/|title=No more 'plastic path to empowerment': Tupperware party in NL is over|date=March 2021}}</ref> In August 2022, Tupperware announced it would be leaving the New Zealand market in late 2022.<ref>{{Cite web |title=The famous Kiwi party's over: Tupperware closes lid on NZ operation |url=https://www.nzherald.co.nz/business/after-half-a-century-tupperware-closes-lid-on-nz-operation/AR2QI2JBLJUQPUJUDKZAPMR34I/ |access-date=2022-08-24 |website=[[The New Zealand Herald]] |date=24 August 2022 |language=en-NZ}}</ref>

In 2022 Tupperware faced criticism for continuing its operations and actively hiring in Russia, despite the country’s invasion of Ukraine.<ref>{{Cite web |title=These 20 companies are still doing business in Russia six months into Ukraine war |url=https://www.indy100.com/news/companies-still-operating-in-russia |access-date=2024-12-23 |website=www.indy100.com |language=en}}</ref> This decision drew scrutiny as many multinational companies have ceased their activities in Russia to comply with international sanctions and condemn the war, which has caused widespread civilian casualties and devastation in Ukraine. Critics argue that Tupperware's ongoing presence in Russia undermines global efforts to isolate the aggressor state and holds the company complicit in prioritizing profits over ethical considerations during a time of geopolitical crisis.<ref>{{Cite web |date=2023-01-20 |title=More than 550 firms still do business in Russia. Many are from the EU |url=https://www.euronews.com/business/2023/01/20/more-than-550-global-companies-are-still-doing-business-in-russia-many-are-european |access-date=2024-12-23 |website=euronews |language=en}}</ref><ref>{{Cite web |last=Salisbury |first=Josh |date=2023-10-03 |title=Burger King franchise still operating in Russia despite pledge to quit |url=https://www.standard.co.uk/news/world/ukraine-war-burger-king-franchise-leave-russia-moral-rating-agency-b1110949.html |access-date=2024-12-23 |website=The Standard |language=en}}</ref> 

On November 2, 2022, after publishing quarterly results, the company said its inability to maintain compliance with its credit agreement raises substantial doubt about its ability to continue as a going concern. The stock value dropped more than 40%.{{cn|date=April 2023}} In April 2023 the company warned that there is "substantial doubt about the company's ability to continue as a going concern". The stock price dropped almost 50% on the same day.<ref>{{cite news|url=https://edition.cnn.com/2023/04/10/investing/tupperware-trouble/index.html|title=Tupperware stock plunges after warning it could go out of business|author=Jordan Valinsky|date=April 10, 2023|work=[[CNN]] }}</ref> On April 11, 2023, Tupperware's stock value plummeted to $1.30. Although there was a slight recovery the following day, its sliding sales and increasing debt prompted warnings of permanent company closure unless it receives substantial investment.<ref>{{Cite news|url=https://www.bbc.com/news/business-65243711 |title=Tupperware: Why the household name could soon be history |work=BBC}}</ref>

As of April 2023 Tupperware had 82 countries listed as places they trade.<ref>{{Cite web|url=https://www.tupperwarebrands.com/company/worldwide-presence|title=Tupperware - Where you can find us - Our Story|website=www.tupperwarebrands.com}}</ref> In May 2023, a financially-ailing Tupperware signed on Moelis & Co. to explore various available strategic options, as it also detected inconsistencies in its prior periods' financial reportings.<ref>{{cite news|url=https://www.reuters.com/business/retail-consumer/tupperware-brings-moelis-co-help-explore-strategic-alternatives-2023-05-08/ |title=Tupperware brings on Moelis & Co to help explore strategic alternatives |website= reuters.com|date=8 May 2023 |access-date= 2023-06-07}}</ref>

On June 1, 2023, Tupperware stopped supplying an independent sales force in the UK and Ireland<ref>{{Cite web|url=https://tupperwarequeen.co.uk/|title=Tupperware UK &#124; Tupperware Queen UK &#124; Buy Genuine Tupperware Online|website=Tupperware Queen Shop UK}}</ref> and moved fully to selling online and via the shopping TV channel [[Ideal World]], shortly before Ideal World itself went out of business in early July 2023.<ref>{{Cite news|url=https://www.bbc.com/news/uk-england-cambridgeshire-66123542|title=Ideal World shopping channel goes into administration|work=[[BBC News]] |date=July 6, 2023}}</ref>

On October 14, 2023, Laurie Ann Goldman [https://www.bizjournals.com/bizwomen/news/latest-news/2023/10/tupperware-ceo-laurie-ann-goldman-omnichannel.html became CEO and board director] following leadership roles at Spanx, Avon and Guess. Tupperware Chair Susan Cameron said in a prepared statement that Goldman “brings the right mix of business and brand experience and has built consumer affinity for some of the world's most iconic brands.” 

On June 14, 2024, Tupperware announced that [https://www.bizjournals.com/orlando/news/2024/06/14/last-tupperware-factory-close.html it would close] its last remaining US manufacturing plant in [[Hemingway, South Carolina]] and shift production to their plant in [[Lerma, State of Mexico|Lerma]] in Mexico, with the closure to be completed in January 2025.<ref>{{cite web|url=https://www.plasticstoday.com/business/tupperware-says-adios-to-last-us-factory|title=Tupperware says adios to its last US factory|date=June 14, 2024|accessdate=August 6, 2024|first=Norbert|last=Sparrow|website=plasticstoday.com|publisher=Informa PLC}}</ref>

On September 16, 2024, Tupperware Brands Corp. announced that they were preparing to file for [[Chapter 11, Title 11, United States Code|Chapter 11 bankruptcy]] protection later in the week after a failed comeback after beneficial sales during the [[COVID-19 pandemic]]. The company's stock fell nearly 60% after the announcement.<ref>{{Cite web|url=https://www.reuters.com/business/retail-consumer/tupperware-brands-plans-file-bankruptcy-bloomberg-reports-2024-09-16/|title=Tupperware Brands plans to file for bankruptcy, Bloomberg News reports|date=September 16, 2024|access-date=September 16, 2024|website=Reuters|language=en}}</ref> On September 18, Tupperware Brands filed for Chapter 11 bankruptcy protection, with plans to continue operating during the proceedings.<ref name=":0">{{Cite web|url= https://www.cnn.com/2024/09/18/business/tupperware-files-bankruptcy/index.html|title= 'The party is over' as Tupperware files for bankruptcy after years of troubles|last1=Dmitracova|first1=Olesya|last2=Maruf|first2=Ramishah|date=September 18, 2024|access-date=September 18, 2024|website=[[CNN]] |language=en}}</ref> Lenders involved are advocating for a foreclosure in order to claim assets.<ref>{{Cite news |date=2024-09-25 |title=Tupperware Gets About Two Weeks to Use Cash Amid Lender Disputes |url=https://www.bloomberg.com/news/articles/2024-09-25/tupperware-gets-about-two-weeks-to-use-cash-amid-lender-disputes |access-date=2024-09-25 |work=Bloomberg.com |language=en}}</ref> 
On October 22, with $818 million obligations, it signed a deal with lenders for $23.5 million cash and $63 million [[debt relief]] in the [[United States District Court for the District of Delaware]] [[United States bankruptcy court|bankruptcy court]] for approval of Judge Brendan Shannon.<ref>{{cite news |last1= |first1= |title=Tupperware cancels auction, agrees to lender takeover|url=https://www.rappler.com/business/tupperware-cancels-auction-agrees-lender-takeover/ |accessdate= October 25, 2024 |work =[[Rappler]] |date=October 23, 2024}}</ref> In November 2024, the Tupperware brand name was acquired by Party Products LLC, who will allow for Tupperware's operations to continue.<ref>{{Cite web|url=https://retailwire.com/tupperware-brand-acquired-party-products/|title=Tupperware Brand Name Acquired by Party Products LLC|first=Lucille|last=Barilla|date=December 6, 2024|access-date=January 25, 2025|website=Retail Wire|language=en}}</ref>