Is this the end of Tupperware?

What came as a shock to some of the people in the office - Tupperware is actually a brand - not just a plastic container. So when we heard last week that shares in Tupperware tumbled nearly 50 per cent and the company has revealed it engaged financial advisers to help it secure financing, we were intrigued. The company is in such dire straits it’s in danger of being delisted by the New York Stock Exchange. Today we want to know - what has brought on the demise of such an iconic brand? And what’s going to happen to Tupperware? Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.  Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.