India’s Beloved Tupperware Files For Bankruptcy | Sales Dip, Debts Rise For Food Container Brand

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India’s Beloved Tupperware Files For Bankruptcy | Sales Dip, Debts Rise For Food Container Brand

After months of deliberations with creditors, US-based Tupperware Brands has filed for Chapter 11 bankruptcy. The move comes after the sales dipped drastically and debts continued to rise.

Watch to know more!

#tupperware #bankruptcy #tupperwarecontainer

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Stupidly exorbitant pricing the reason for entire collapse. Although products were great, they didn't deserve the pricing.

So once craze went down, it couldn't sustain the market. It was functioning sheerly due to fanboies.

Hope new company takes over to bring products at competitive prices.

shrirangtambe
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Competitors gave similar quality at much lower price. This is what automation will do to all sectors in future, if one company doesn't automate, other companies will do and you will be outdated.

vinaykumar-ldyi
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A palm hand size box was 300+ Rs in 2022.😢

videoglitz
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Tupperware is still going
I sell tupperware an its the best

GarryNolte