An Australian Perspective: The Financial Struggles of Instant Brands The Challenges Faced by Instant Brands News of Instant Brands, the maker of Pyrex kitchenware and the popular Instant Pot pressure cooker, filing for bankruptcy protection in the United States has sent shockwaves through the retail industry. The company, controlled by private equity investor Cornell Capital, […]
Instant Brands, Maker of Instant Pot and Pyrex, Files for Bankruptcy Instant Brands, the manufacturer behind popular kitchenware brands such as the Instant Pot and Pyrex, has filed for Chapter 11 bankruptcy protection in the United States. The company, already struggling before the COVID-19 pandemic, has been hit hard by declining sales, inflation, and rising […]
