Sharp lost ¥376B on LCDs — Foxconn bought control for $3.5B in 2016
Sharp bet on LCD panels and lost ¥376B. Foxconn bought 66% control for $3.5B — half its original offer.
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Sharp bet on LCD panels and lost ¥376B. Foxconn bought 66% control for $3.5B — half its original offer.
Ler o casoPfizer tested sildenafil as an angina treatment in Wales. It did nothing for chest pain. The side effect made it the fastest-selling drug in history.
Ler o casoA Jakarta cosmetics brand that went viral with an Emily in Paris collab closed in 2024, unable to compete with Chinese brands spending 30-40% of revenue on ads.
Ler o casoSweden's first whisky distillery filed for bankruptcy in August 2024 after the bank cut its credit line, capping a 25-year run as the pioneer of Swedish whisky.
Ler o casoThe former HR Group grew from 50 to 250 hotels in five years, then filed for insolvency in January 2026 after rapid expansion and rising costs caught up.
Ler o casoGermany's oldest brewery by continuous operation filed for insolvency in 2026. German beer sales hit a record low of 7.8B litres in 2025, down 6% year-on-year.
Ler o casoSnacky was a Finnish hamburger chain revived in 2007, but its owner stole €1.7M from the company, leading to bankruptcy in 2016.
Ler o casoPolice broke up a ring that smuggled 28,000 diamonds into Vietnam. PNJ's gem-testing unit had certified them. Shares fell 20%, erasing $293M.
Ler o casoEichbaum was founded in 1679 in Mannheim and survived 346 years, but filed for insolvency in 2025 after its private-label export business collapsed.
Ler o casoAmerican Apparel made all its clothes in LA. But founder scandals, 1,500 fired workers, and debt drove it to bankruptcy in 2015.
Ler o casoGeneva watch brand De Grisogono filed for bankruptcy in 2020 after the Luanda Leaks revealed its $120M Angola investment was a money-laundering scheme.
Ler o casoA UK studio tried to grow beyond its creative-management niche. Its publishing label failed and a Warhammer game flopped, wiping 20% of its share price.
Ler o casoBlitz Games was one of the UK's longest-running game developers for 23 years, but closed in 2013 after THQ's bankruptcy left it without its biggest client.
Ler o casoCryo was one of France's first major game studios, famous for Dune and Atlantis, but filed for insolvency in 2002 after a flop and a recession.
Ler o casoHanjin Shipping was Korea's largest container line. It overexpanded, hit $10.5B in debt, and filed for bankruptcy in 2016 — leaving ships stranded at sea.
Ler o casoAhold's US Foodservice arm booked vendor rebates it had not earned, inflating profits by about $1.1 billion. The 2003 disclosure toppled the CEO and CFO.
Ler o casoThe French industrial giant was fined $772 million for overseas bribes. The fine broke the company; its energy division was sold to GE for €12.4 billion.
Ler o casoAmyris bet on building a portfolio of beauty brands — Biossance, Pipette, JVN and more. Never profitable, the company filed for Chapter 11 in 2023.
Ler o casoBell Pottinger was the UK's top PR firm. It took a £100K/mo account from Gupta family, ran a racial manipulation campaign, and was bankrupt within 18 months.
Ler o casoEn primeur lets buyers purchase Bordeaux wine while it is still in the barrel. It was invented to fund the harvest. In 2008, speculation turned it into a bubble
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