Daewoo added 14 subsidiaries in the year it went bankrupt with $50B in debt
South Korea's second-largest chaebol accounted for 17% of GDP. While Samsung and LG cut debt in 1998, Daewoo took on 40% more.
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South Korea's second-largest chaebol accounted for 17% of GDP. While Samsung and LG cut debt in 1998, Daewoo took on 40% more.
Ler o casoRenown survived 73 years and a Le Mans-winning sponsorship. Shandong Ruyi's acquisition left it owed ¥5 billion by its parent, then COVID closed the stores.
Ler o casoHuaying Kailai raised billions for a 'straddling bus' that could not turn, cross an intersection, or clear a bridge.
Ler o casoA jewellery ad showed a Hindu bride with Muslim in-laws. Right-wing groups called it 'love jihad'; Tanishq withdrew it, and was called a capitulator.
Ler o casoGrouped with Huawei, ZTE and Lenovo at its peak. The LeEco tie-up dragged it down. Revenue fell from HK$1.28 billion in 2019 to HK$181 million in 2023.
Ler o casoThe chant '咖啡你冲不冲?冲冲冲!' made it a sensation. The founder aimed for 1,001 stores in a year. Franchisees lost money. About half the stores shut.
Ler o casoAnita Roddick's brand was sold to Aurelius for £207M in November 2023. By February it was in administration, with 2,200 jobs and half its UK stores at risk.
Ler o casoFounded in 1981, the house behind L'Eau d'Hadrien passed 15 years under Korea's AmorePacific. In 2025 Interparfums bought the trademark, but not the team.
Ler o casoThe French brand built on eco nail polish and bath bombs, backed by the Rocher family, peaked at about €4M of sales. In December 2024 a court liquidated it.
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Ler o casoBrazil's most artistic jewelry house, founded in 1981, filed for bankruptcy protection after a decade of weak sales, rising gold prices and pandemic losses.
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Ler o casoAt a Waseda lecture, a Yoshinoya marketing chief described targeting countryside girls before Tokyo 'contaminates' them. He was fired in three days.
Ler o casoThe Korean brand's agent called it 'business optimization'. Counterfeit stores had multiplied faster than the real ones. Resources shifted to newer brands.
Ler o casoFounded 1952 in Sham Shui Po. Peaked around 2010 selling Tudor, Longines and Omega. By March 2024, two branches left. The Kwun Tong shop closed on the 25th.
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