Colgate paid €1.5B for Filorga — then shut its China flagship 6 years later
Filorga grew 26× in 3 years after entering China — then deep discounts, channel missteps and Colgate's cuts closed its ¥100M-a-year Tmall store.
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2,000 PUBLISHED CASES · REGULARLY UPDATEDPartipost owed 200+ creators S$171K across Southeast Asia — and stopped paying
Over 200 influencers in Singapore and Malaysia were not paid for completed campaigns. The platform went silent. Some filed police reports.
Read the caseBath watch dealer made £186k profit, then a raffle venture and a stock seizure sank it
Watches of Bath made £186k profit, then a raffle venture lost £565k, guarantees came due, and its stock was seized by HMRC — administration within months.
Read the caseOrigins spent 20 years in Hong Kong — then the last 2 counters closed in one day
Estée Lauder's Origins brand closed its last two Hong Kong department store counters in June 2026, going online only as part of a regional retail retreat.
Read the caseTwo brands disowned Jia Ning the day her ex-partner's accusations went viral
DR.WU said the tie was already over and deleted every post; AIR SPACE announced 'no follow-up plans' — one scandal made two brands run in a single day.
Read the casePrivate equity stripped Bally of its Swiss heritage — then the court seized what was left
Regent bought shoemaker Bally in 2024 and cut costs instead of investing — production halted, debts hit CHF 20M, and the court blocked a suspicious sale
Read the caseLane Crawford spent ¥300M on a Chengdu flagship — closed eleven years later
Lane Crawford closed its Chengdu IFS flagship in Feb 2026 after 12 years. The 82,000-sq-ft store cost ¥300M; only 3 mainland stores remain.
Read the caseRussell & Bromley was 146 — but that wasn't enough to save it from administration
The iconic British shoe brand entered administration in Jan 2026 — Next bought the name and 3 stores, 33 closed, 400 jobs lost
Read the caseLush Norway collapsed after two years of pandemic losses — 70 jobs lost
The Norwegian subsidiary of UK handmade cosmetics chain Lush went bankrupt in March 2023, closing all 6 stores and laying off 70 employees.
Read the caseHung Vuong Corporation went from 18,000 billion VND revenue to bankruptcy in three years
Vietnam's largest pangasius exporter owned 11 factories at its 2016 peak. By 2019, revenue had collapsed to 4,000 billion and the company was insolvent.
Read the caseSugar Cosmetics’ FY25 revenue fell as losses widened
In FY25, SUGAR Cosmetics’ revenue declined by about 20% and its net loss nearly doubled, according to reports citing company filings.
Read the caseBangerhead, Sweden's beauty e-retailer, collapsed after a failed merger and was acquired
Bangerhead's liquidity crisis in 2025 led to a failed merger, corporate reconstruction, and eventually an acquisition by Nordicfeel Group.
Read the caseBCG Baden-Baden Cosmetics filed for insolvency — German skincare brand ran out of credit
The owner of Sans Soucis and Biodroga filed for insolvency in March 2026, done in by legacy debts that blocked new credit, putting 160 jobs at risk
Read the caseGarbarino's debt crisis ended in court-ordered liquidation in 2026
Garbarino once had more than 200 stores and 4,500 employees. Years of debt and failed rescue efforts ended in a 2026 liquidation order.
Read the caseMorrisons' £7B private equity buyout — debt rose from £3.2B to £8.6B, 8,800 jobs cut
CD&R's 2021 takeover loaded Morrisons with debt, turning a 124-year-old grocer into a loss-making machine with £1.5B annual losses.
Read the caseNovaland faced repayment trouble as the value of its chairman’s holdings fell
Reports in 2025 described delayed debt repayments and a sharp decline in the value of Novaland holdings linked to chairman Bui Thanh Nhon and his family.
Read the case10Club raised $70M to roll up ecommerce brands — then its assets could not cover its debts
India's roll-up startup kept financing acquisitions, pivoted to home and kitchen, and filed for insolvency less than four years after its record seed round.
Read the casePNB let SWIFT run outside its core banking system — and missed $2B over six years
A Mumbai branch issued Letters of Undertaking over SWIFT without recording them in the core banking system. Nobody reconciled the two for six years.
Read the caseDomino's Pizza admitted its pizza was bad in 2009 — the honesty campaign revived the brand
Domino's was last in taste tests. In 2009, it ran ads showing customers calling its pizza 'cardboard.' It changed the recipe — and same-store sales rose 14.3%.
Read the caseAcer's founder built a PC giant — then struggled for a decade to find someone to run it
Stan Shih stepped down in 2004 to let professionals lead. Over nine years, two CEOs quit, the company lost $320M on a bad deal, and the founder returned at 68.
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