Tupperware Beat

 
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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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