Case Study: Thomas Cook plc, A lesson to be learned

By |2019-09-29T02:17:40+08:00September 29th, 2019|Case Studies|

The oldest Travel Agent 178 years collapsed and went into administration in the UK on 23rd September 2019. It was founded in 1841 in Leicestershire by Thomas Cook a cabinet-maker. Prior to the collapse, it’s revenue was £9bn, it had 19 million customers, 22,000 staff in 16 countries. What happened? [...]