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News
Confession Time
A New Zealand journalist has a
confession:
There’s something I have to confess and I know it’s better to get it out
in the open now, rather than run the risk of a media feeding frenzy should I
ever decide to run for public office.
I … er … I … you see the thing is … er … okay here goes [deep breath and all
that] … I have been to a Tupperware party.
November 21st, 2006
Tupperware Fish
Papers around the world are full of reports on the exhibition in New York
(scroll down) featuring art pieces made from Tupperware. Here's
The
Times of London:
It’s amazing
what you can turn into art. Damien Hirst used a dead cow, Tracey Emin an
unmade bed. Now it’s the turn of Tupperware, the plastic storage containers
that came to symbolise 1950s American suburbia.
The company that markets Tupperware announced the winners yesterday of a
competition to turn the containers into art exhibits. Kriss Ulve, a
Tupperware demonstrator from Ploemeur, France, won the Free Form category
with a sculpture of a fish made from the plastic containers. Another entrant
produced an evening dress.
...Hundreds of entries were judged by a panel of home-design and materials
experts. The winners received $5,000 (£2,650) and trips to New York, where
the winning items are on display at the Time Warner Centre.
October 29th, 2006
Tupperware Art
An
art exhibition in New York - with all the works made from Tupperware:
Tupperware fans around the world are turning the famed plastic into
artwork and fashion trends at the second annual Translations in Tupperware
exhibit in Manhattan.
The exhibit invited consumers and designers to create a piece of art with
just one rule: use Tupperware products as the basis for your design.
The Time Warner Center is unveiling 25 pieces, from a lounge chair of
rolling pins to a dress made of lids. The four top designs will win a trip
for two to New York City, a $5,000 cash prize and a global tour of their
work.
October 27th, 2006
It Pays to Search and Apply
From Arizona's
The Republic:
Numerous organizations ranging from school clubs to civic and church
groups award scholarships to qualifying students. Examples of unusual
scholarships include those offered to left-handers, children of Tupperware
dealers, short people, students who promote organ donation and those
familiar with the Klingon language. The lesson, in short, is that it pays to
search and apply.
August 28th, 2006
Uh Oh
Lots of stockbrokers have been recommending the shares of Tupperware
Brands. So
this isn't good:
Tupperware Brands Corp. on Monday said its second-quarter net profit fell
9 percent, missing Wall Street forecasts, and the company lowered its
full-year earnings forecast in part due to weak sales in Germany and North
America.
July 26th, 2006
The Tupperware Watched Pot
I have already written (scroll down) that some
stockbrokers are recommending that investors buy shares in Tupperware. Now
the renowned
Motley Fool website joins in:
For long-term holders of Tupperware (NYSE: TUP), a Motley Fool Income
Investor pick, the champagne for the next Tupperware party has been held on
ice. The shares have basically treaded water over the past five years, now
worth less than half their 1997 prices. However, the shares may be worth a
look to the value crowd, given their decent valuation and favorable dividend
yield.
...There's no doubt that Tupperware has had its share of issues, especially
in more mature markets. Management can't seem to get its operational house
in order for consistent sales and earnings growth, and it keeps issuing
unnecessarily complicated financial statements. But with the current
valuation of just under 17 times trailing earnings and about 11 times next
year's consensus earnings, a favorable dividend yield, and a competitive
business model, the shares are worth tracking. For now, the stock remains in
a value trap -- the proverbial watched pot that just won't boil.
May 12th, 2006
This Isn't a Very Good Tip
Shannon Lush's latest cleaning tips, from the Australian Broadcating
Corporation:
Q: I have a couple of old Tupperware containers that are quite
sticky to touch, what can I do?
Shannon Lush: I'm not going to tell you how to fix it because
Tupperware has a lifetime guarantee and they will replace the item for you.
May 4th, 2006
From Kitsch to Cool
"Rapperware" is the headline above a report in Scotland's Daily Record
on
fashionable new Tupperware products:
Tupperware parties are set to make a comeback as the plastic products go
from kitsch to cool.
Stars such as rapper Ice T and style icon Sarah Jessica Parker are fans of
the new range of containers. With funky music, drinks and posh nosh, the
Florida firm's soirees are taking the States by storm.
And experts are predicting a UK Tupperware party revival this year.
Consumer product analyst Doug Lane said: "Tupperware is a turnaround story.
"Shares will climb this year and could even soar by up to 50 per cent."
April 12th, 2006
Tupperware - the New Superstock?
Tupperware Brands could see its
share price soar, according to a Reuters report, citing an article in
the Barron's financial journal:
"Tupperware is a turnaround story," Doug Lane, analyst at Avondale
Partners, told Barron's. Lane estimates the shares could climb more than 50
percent to trade above $30. Tupperware closed at $20.59 on Friday.
Tupperware Chief Executive Rick Goings believes the company's entry into
beauty products a year ago will provide a major engine for growth, the
report said.
Goings expects beauty to reach 60 percent of the company's business in the
next five to seven years, compared with 35 percent today, Barron's said.
April 3rd, 2006
Choice of the Hollywood Elite
Did you know that Tupperware is "fast becoming the home product of choice
among Hollywood's elite"? Nope, me neither. But that's what
this press
release claims. And the source of the release? Yep, Tupperware Brands
Corporation.
April 1st, 2006
Royal Wisdom - Tupperware Boxes
The Times newspaper in Britain tells us how Queen Elizabeth remains in
such
robust health:
As she approaches her 80th birthday next month in robust health, the
Queen appears to practise what she preaches, with her Tupperware boxes of
low-fat breakfast cereal...
March 15th, 2006
Definitely Not Your Mother's Tupperware
Fascinating
article in the latest Newsweek on
Tupperware's
efforts to become cool:
When a friend invited New Yorker Brenna Sinnott to a Tupperware party
last month, she was skeptical. "I pictured all those old green containers my
mom had," says the 24-year-old. "I didn't really know what to expect."
To her surprise, there wasn't a stodgy storage container in sight at the
party. But the ruby-rimmed plates on which the crudites were served, the
glasses the hostess filled with Chardonnay, the stainless-steel fondue pot
in which guests dipped marshmallows and fruit into melted chocolate—all
these were available in the catalogs that sales consultant Tinamarie Engel
handed out.
By the end of the evening, Sinnott and her friends had placed orders
totaling nearly $600. "This was definitely not your mother's Tupperware,"
says Sinnott, who works at a Manhattan publishing house. "I had no idea how
cool the products would be."
Read it all.
March 13th, 2006
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