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01strategy1994–2008
In 1994 the Guerlain family sold its majority stake to LVMH. The family's perfumer stayed a decade. When he left, the house lost its link to five generations.
Fall lesen ↗02finance2021–2023
When KPMG flagged billions in irregularities, Serba Dinamik sued the auditor instead of fixing its accounts. The SC charged it and the company was wound up.
Fall lesen ↗03people2004–2015
A family succession dispute led to Yung Kee Holdings being wound up in 2015. The restaurant survived and reopened after renovation in 2021.
Fall lesen ↗04people2018–2024
Hong Kong's top broadcaster laid off 500+ staff as viewership collapsed, lost its chairman and CEO, and posted a record HK$0.8B loss.
Fall lesen ↗05strategy2002–2020
Dhirubhai Ambani built India's biggest firm and died without a succession plan. The brothers' split gave Anil the telecom arm — it went from $42B to bankruptcy.
Fall lesen ↗06people2024
India's edtech unicorn Unacademy spent the pandemic years hiring aggressively, then laid off staff in repeated rounds while its founders moved to a new project.
Fall lesen ↗07marketing2012–2025
Christine's (克莉丝汀) sold a billion-yuan IPO on the strength of a thousand stores, then lost money every year after 2012 and shut every door a decade later.
Fall lesen ↗08finance2016–2025
The food-tech startup's 'working financials' overstated five years of revenue by $550M — the real numbers sat in a drawer.
Fall lesen ↗09engineering2020–2023
In 2020 Lufthansa stored its entire A380 fleet and confirmed retirement in April 2022. Two months later it reversed course; reactivation cost millions.
Fall lesen ↗10marketing2024
Shanghai Gao Yijiang claimed its bottled water could fight oxidation; the water was ordinary packaged water, and the regulator fined it ¥200,000.
Fall lesen ↗11people2022–2023
CEO Tobi Lütke admitted Shopify had over-hired after Covid-driven growth; two rounds of layoffs followed, eroding trust.
Fall lesen ↗12people2023–2026
A $5.8B acquisition became a three-year optimization plan: 1,200 jobs cut in 2024, 1,600 in 2025, ~880 in 2026 — ~5% a year, recast by the CEO as an AI pivot.
Fall lesen ↗13sales2026
Indoor Group ran Asko and Sotka, heritage Finnish furniture brands with ~70 stores. Bankrupt in February 2026. 15,000 customers paid for goods that never came.
Fall lesen ↗14finance2025–2026
Two centuries old, 84% of sales abroad, €83M of bank debt. In April 2026 Zonin 1821 asked to freeze its debts after 2025 revenue fell about a tenth.
Fall lesen ↗15strategy2017–2026
After Anchor Brewing’s 2023 closure, Sapporo announced a transfer of Stone brand rights and hospitality assets in April 2026.
Fall lesen ↗16strategy2000–2026
Launched in 2000, operated by A&S Co. The brand announced closure on 15 May 2026; its ZOZOTOWN shop shut in July and its online store in October.
Fall lesen ↗17advertising2026
A tumbler called 'Tank', a slogan echoing a police cover-up, and an AI tool that suggested it. Shinsegae's chairman bowed three times on television.
Fall lesen ↗18marketing2020–2026
A first-generation Korean athleisure brand raised ₩12B from top VCs. Marketing outran results, capital eroded, and the court declared bankruptcy in July 2026.
Fall lesen ↗19finance2020
Hertz carried $17B in debt, mostly tied to its vehicle fleet. When travel collapsed in 2020, revenue vanished but the debt didn't. Bankruptcy in May.
Fall lesen ↗20engineering2009
Boeing outsourced most of the 787 to global suppliers to cut costs. The result: years of delays, $32B in cost overruns, and quality problems that persist.
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