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topicnews · September 18, 2024

This is how long the guarantee is valid for customers of the cult brand

This is how long the guarantee is valid for customers of the cult brand

The days of Tupperware parties may be over. After 78 years, cult manufacturer Tupperware is going bankrupt. You should pay attention to the following customers.

For decades, cult manufacturer Tupperware, based in Orlando, Florida, was able to make significant profits from its famous Tupperware parties and regular trade in food storage containers and other plastic products. In recent years, however, the company has had to declining sales complain.

Those responsible have already expressed in March 2024 concerns about liquidityPlans to close the only factory have been known since June.

These kitchen products will also help you in your everyday life.

Tupperware: What will happen to the guarantee promise?

Tupperware offers a 30-year guarantee on many of its products. The guarantee covers Material and manufacturing defects.

The following cases apply no guarantee:

  • Cosmetic defects when a product is fully functional
  • Normal wear and tear from everyday use
  • Damage caused by improper use

The guarantee is a voluntary service provided by the company and does not simply expire in the event of insolvency. Regardless of insolvency, customers have the right to a warranty if a product is delivered defectively. Customers’ warranty claims only expire if the company ceases operations completely due to insolvency.

Use your Tupperware and store pre-prepared meals in it. We’ll give you inspiration with the recipe ideas from the video.

Quick vegetarian and vegan dishes: The 5 best recipes

Reasons for Tupperware’s insolvency

Tupperware’s insolvency was preceded by long negotiations with suppliers and creditors. The company has now managed to $700 million in debtFor several years, Tupperware has been suffering from financial problems, which are mainly due to strong competition in online retail.

After the insolvency became known Tupperware shares fell by 57 percentThe stock, which was still worth 90 US dollars in 2013, was only worth 47 cents after the stock market closed on September 17.

What is the future of Tupperware?

Before announcing insolvency, the company identified several strategic options. After insolvency proceedings, a New version possibleAccording to the company, it is seeking court approval to find a buyer and continue operations. The brand will be retained.

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