Tupperware says its current failure to attract younger customers will lead to collapse.

GUEST – Joseph Busha -founder and Managing Director of JM BUSHA Investment Group <br /> <br /> Tupperware, the US maker of food storage containers, has warned that it could go bust unless it can quickly raise new financing. <br /> <br /> The 77-year-old firm said there was "substantial doubt about its ability to continue as a going concern". <br /> <br /> Tupperware has been attempting to reposition itself to a younger audience but has failed to stop a slide in its sales. <br /> <br /> Its shares plunged nearly 50% on Monday before recovering slightly on Tuesday. <br /> <br /> The firm became well-known in the 1950s and 1960s when people held "Tupperware parties" in their homes to sell plastic containers for food storage. <br /> <br /> Tupperware still employs a direct sales force - who earn a percentage of all the goods they sell - as well as selling goods on its website. <a href="http://www.kayafm.co.za/">Kaya FM </a>