Tupperware Brands Plant Konkursanmeldung Berichtet Bloomberg

# **Tupperware Brands Files for Bankruptcy, Bloomberg Reports** ## What Happened? Tupperware Brands Corporation, a global manufacturer and marketer of home products, has reportedly filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. The news was first reported by Bloomberg on July 4, 2023. ## Reasons for Bankruptcy The company has been facing significant financial challenges in recent years, including declining sales, rising costs, and supply chain disruptions. Tupperware has also been grappling with increased competition from both traditional retailers and online marketplaces. ## Impact of Bankruptcy The bankruptcy filing will likely have a significant impact on Tupperware's operations, employees, and creditors. The company is expected to continue operating during the bankruptcy process while it reorganizes its finances and explores strategic options. Tupperware has approximately 5,800 employees worldwide. ## What's Next? The bankruptcy filing is a significant development for Tupperware Brands, and it is unclear what the future holds for the company. The company has appointed Kirkland & Ellis LLP as its legal counsel and Alvarez & Marsal Holdings LLC as its financial advisor. ## Sources * [Bloomberg](https://www.bloomberg.com/news/articles/2023-07-04/tupperware-said-to-prepare-for-bankruptcy-filing-this-week) * [Financial Times](https://www.ft.com/content/3a42e313-05b4-4db4-a578-514268f239b0) * [Wall Street Journal](https://www.wsj.com/articles/tupperware-brands-files-for-bankruptcy-11657010194)