Business failures, costly decisions and the lessons they leave behind.
The full archive, in the appThe 92-year-old Singapore food distributor opened a five-times-bigger, 80%-debt-financed HQ in 2020; sales fell 90% overnight; it liquidated in 2026.
Read the caseBoth marketplaces launched own-brand budget phones to lift margins in India's biggest online category — and sold almost nobody one.
Read the caseWirecard's auditor never asked a Singapore bank to confirm up to €1bn of 'cash' — a standard procedure — then faced a €1bn investor lawsuit.
Read the caseThe cult doughnut chain went from 30 stores to seven in a weekend: staff paid weeks late, a landlord lockout, $70,000 in wage complaints.
Read the caseA $250M Edgar Rice Burroughs epic opened to $30M: no Mars in the title, no Pixar hook, no Burroughs, no Martian dog — as if they set out not to make us care.
Read the caseThe A$2B travel group suspended its shares, stood down its Europe head and will restate three years of UK revenue after an accounting review.
Read the caseSix weeks after scrapping single-use bags, Coles made the 15c thicker bags free indefinitely in four states — and the waste industry called it a mess.
Read the caseStretching supplier payments to 149 days backfired: insurers cut credit lines, inventory fell $1.1B in a quarter and losses hit R$10.1B.
Read the caseThe Whopper Costela was 100% pork shoulder with 'rib aroma'; Procon notified BK for misleading ads and the sandwich became Whopper Paleta Suína.
Read the caseBunnings' UK conquest cost more in impairments than the purchase price — first-half losses tripled and 45 stores faced closure.
Read the caseBluebird Bio quit Europe in 2021 after a fight over Zynteglo's price, taking the region's only approved CALD gene therapy, Skysona, off the market with it.
Read the caseSGX RegCo kept Best World suspended indefinitely after PwC found China sales proceeds parked in personal bank accounts and unexplained back-to-back deals.
Read the caseKumho's chairman demanded a ₩160bn bond purchase from Asiana's caterer of 15 years, swapped in a JV whose factory then burned — and flights went hungry.
Read the caseA qualified audit, a three-day trading halt and a restated 88.5% profit collapse forced Kumho Asiana's chairman to quit in March 2019.
Read the caseBrazil's discount travel site voided all September–December Promo packages and refused cash refunds — Senacon began weighing a fine and a sales ban.
Read the caseSouth Africa's Woolworths Holdings bought Australia's David Jones for A$2.1B, wrote off more than A$1B, and sold it to Anchorage Capital for a reported A$100M.
Read the caseThe Turkish crypto platform cited unexpected demand and financial strain, halted all activities — and its administrators were arrested for fraud within hours.
Read the caseUnited Wholesale Mortgage suspended its first-ever dividend, posted a $452M loss and took $2.05B from Oaktree — shares fell as much as 49%, a record.
Read the caseDays after joking about disconnecting 'one of the more sensitive server racks', Musk's backend rewrite produced a five-hour global outage.
Read the caseDays after Twitter capped reading at 600–6,000 posts a day, TweetDeck went blank for the power users and newsrooms that rely on it.
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