Vestis's CEO talked up 'service excellence' while service gaps bled customers
Kimberly Scott promised service excellence at the Aramark spin-off; when service gaps were disclosed, the stock fell 45% and she was gone.
Read the caseBusiness failures, costly decisions and the lessons they leave behind.
The full archive, in the appKimberly Scott promised service excellence at the Aramark spin-off; when service gaps were disclosed, the stock fell 45% and she was gone.
Read the caseA 737 MAX 9 door plug blew off mid-flight. The NTSB found Boeing's factory removed four securing bolts and never reinstalled them — a systemic quality failure.
Read the caseTakeda's diabetes drug Actos was linked to bladder cancer. The company paid $2.37 billion to settle 9,000 claims. France and Germany withdrew the drug.
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Read the caseAlberta's pension manager sold volatility protection to Wall Street banks. When COVID hit, the market never calmed down, and the strategy lost $2.1B.
Read the caseIn the pandemic's first wave, HUL's Lifebuoy and Reckitt's Dettol ran ads disparaging each other — and within a week, two High Courts forced both to back down.
Read the caseProduction delays drove a December 2014 profit warning, a DKK 807M operating loss in 2014/15, and the forced sale of B&O's car-audio unit to Harman.
Read the caseThe Missoni family sold 41.2% of the company to a state fund for €70M in 2018. Creative directors came and went. The planned IPO never materialised.
Read the casePeru's consumer watchdog used AI to sift call recordings, flagged unconsented commercial calls, and hit Interbank with a 74.88 UIT fine for aggressive selling.
Read the caseKose's Asia sales dropped 23% as Sekkisei lost to Chinese domestic brands — 30 years of counters pulled in months.
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Read the caseWorn tooling at its supplier made 1.7 million Pittsburgh jack stands liable to collapse under load — and the replacement stands failed on welds too.
Read the caseGerman anesthesiologist Boldt published 90+ papers on patients he never treated. The fraud was discovered in 2010. Most papers were retracted.
Read the caseA whistleblower exposed tender misconduct at OKIDIM, Chieru's Okinawa unit; the probe forced a continuation AGM and put the parent's CEO in charge.
Read the caseFounded in 1979, the Derbyshire jeweller and watch retailer grew to 10 shops. In 2026 it entered administration; 36 staff lost their jobs before a March rescue.
Read the caseA software upgrade triggered a BGP routing collapse that took down Australia's second-largest telco for half a day.
Read the caseMF Global lost $140M in 2008 when a representative in a branch office made unauthorized wheat futures trades far beyond his limits.
Read the caseAl Hilal paid PSG a league-record €90m fee and $100m a year for Neymar; injuries left him seven matches and the contract terminated in January 2025.
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