Every kitchen boasts of Tupperware’s airtight plastic containers. But not for long. The over-70-year-old US company is on the verge of going under owing to falling sales. What went wrong with this household brand?
Shares of NYSE-listed Tupperware Brands Corporation have fallen sharply after the development. The stock slumped by nearly 49 per cent on Monday to a three-year low level of $1.24.