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Tupperware CEO on Overseas Expansion
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Tupperware CEO Rick Goings on the company’s global expansion and how it has helped woman around the world.
- Duration 2:47
- Date Jan 26, 2012
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Tupperware CEO Rick Goings on the company’s global expansion and how it has helped woman around the world.
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Good morning Diane I come to you from Davos Switzerland in the World Economic Forum with a stunning statistic.
But Tupperware party is held somewhere on the planet every one point seven seconds.
But now in Third World countries and emerging markets that there isn't -- where's.
To hold things like human -- to transfer them in hospitals they've got a sales force of direct sales force of two point six million people -- hundred countries.
I'm joined now by the CEO of the chairman of Tupperware Rick Goings it's also great stock story to stock is up more than 20% over the past year.
But EU helped a lot of women in emerging markets fund their inner entrepreneur or.
And now you're working in Iraq as well to do the same thing.
Well that's pretty much the DNA have Tupperware for about sixty years I think we taken it to the next level and what's working we just announced it yesterday morning this time last year I was in Iraq.
We saw a great problem that none of the women were being -- to become part of ignores because there were no professors who were -- this subject and we.
Announced a program we partnered with the US State Department.
-- client of -- who's -- special ambassador for women's issues and Rollins College we just brought over the first Iraqi professor a woman.
Who's gonna be taught she's can be the trainer of other -- Let's talk about your sales Asia Pacific region -- 24%.
European sales up eight point 7% lot of chatter here about the problems in Europe.
Do you feel it -- -- numbers.
Well -- there's an element of Tupperware that's really counter cyclical at a price seemed Spacey and talk business objects when I come to -- us I was put those -- -- your earnings release.
This next week but if we were going to -- This our numbers we would -- pretty REIT released in units we haven't pre released.
We're really navigating through Europe quite well because what happens is higher -- when there's pressure there's higher unemployment but there's higher unemployment.
Bigger recruiting pool.
And so and we've also shifted to products that really help busy working women if she doesn't have much time so we've been sweet spot.
We talk about products for the kitchen etc.
but I was doing some research and I saw that that hospitals are using them to move part stand in Tupperware it's really.
-- we don't endorse that but we have a we have a class a one.
And seal and if that's available -- -- -- laughed at gray over the years have -- some great stories have had.
One salvage captain sent me.
A letter that they found.
Cookies that we're two years under the Ohio River he said Rick they were still crunchy.
Rick Goings of Tupperware thank you so much.
Great message I'm gonna send it back to -- -- --