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Burned out: How Instant Pot went from cult favorite to Chapter 11 bankruptcy

Burned out: How Instant Pot went from cult favorite to Chapter 11 bankruptcy
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Instant Brands Bankruptcy: Maker of Instant Pot, Pyrex Files for Chapter 11

Instant Brands, makers of Instant Pot, Corelle, and Pyrex, filed for bankruptcy last week due to falling appliance sales.

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The maker of Instant Pot has filed for bankruptcy

Since COVID, company has faced "additional global macroeconomic and geopolitical challenges," CEO Ben Gadbois said.

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Instant Brands sold in Coles, Woolworths and Big W files for bankruptcy

Instant Brands - the maker of Instant Pot pressure cookers and Pyrex glassware - filed for chapter 11 bankruptcy protection on Tuesday (AEST).

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Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the U.S. and Canada.

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