Could this be the end of an era?
Internationally popular plastic container brand, Tupperware warns of possibly going out of business amidst a liquidity crisis. This brand was established in the 50s and has since operated for almost 77 long years!
Tupperware is a brand famously adored by housewives and mothers.
Trouble luring young clients
But in recent years, the business has had trouble luring younger clients who favour less expensive and more environmentally friendly items.
Tupperware has recorded a loss of US$35.7 million (RM157.60 million). Additionally, the business missed its deadline for submitting its annual report, which may violate loan arrangements.
Investors are also suing Tupperware, claiming that the business withheld information about “serious issues” in its financial disclosures.
Malaysians react to the hot news
Being a legendary brand that many of us grew up with thanks to our mother’s obsession with kitchenware, Malaysians have taken to Twitter to give their honest reactions.
Of course there were plenty of jokes of mom’s reacting to the news…
This Twitter user said that moms will save Tupperware from going out of business while the other two tweets used gifs to aptly capture just how horrified mom’s will be when the hear the news.
Another netizen joked about how her mom now can save up to afford better items!
Still, there were people who wanted to buy some products from Tupperware.
Well, you’ve read their reactions, it’s time for you to tell us how you (or your mom) feel about this news.
Let us know in the comments!
Also Read: It’s Women Empowerment Month! These 6 Inspiring M’sians Prove That ANYONE Can Make A Difference
