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Tag: Thomas Cook

Thomas Cook India scores a ‘good deal’ in acquiring rights to...

Some three months after expressing his indecision as to whether or not to retain the Thomas Cook brand name in the wake of Thomas...

Fosun snaps up Thomas Cook’s brand name for US$14.3 million

China's Fosun Tourism Group has acquired the Thomas Cook brand name, along with subsidiary hotel chains Casa Cook and Cook's Club, for £11 million...

Be disruptive, or be disrupted: Lessons from Thomas Cook’s fall

Thomas Cook did a great job transitioning from trains to planes to bricks, but the world’s oldest travel agency failed to make the jump to clicks in today’s highly dynamic operating environment until it was too late.

Thousands of jobs saved as Hays Travel snaps up Thomas Cook...

The sale of 555 Thomas Cook UK shops to Hays Travel is a potential game-changer that could save up to 2,500 jobs. All the Thomas...

What’s in a Thomas Cook name? Ask Madhavan Menon

To keep or not to keep? Such is the quandary that is facing Madhavan Menon, chairman & managing director of Thomas Cook India (TCIL),...

Trade saddened but sees wake-up call in Thomas Cook’s fall

The global travel industry is coming to terms with the demise of 178-year-old British tour operator Thomas Cook following its bankruptcy announcement earlier this...

Fall of 178-year-old tour operator as Thomas Cook ceases trading

British tour operator Thomas Cook announced its collapse on Sunday evening, leaving hundreds of thousands of travellers stranded worldwide as the 178-year-old travel institution...

Thomas Cook sells majority stake to Chinese shareholder Fosun

Embattled travel firm Thomas Cook has agreed to a rescue deal with major investor Fosun Tourism Group, its banks and a majority of its...

Thomas Cook says Fosun bailout is its best option

After news of Thomas Cook being approached for takeover by its largest investor Fosun Tourism, the UK travel company reportedly said last week that...

Thomas Cook confirms takeover talks with Fosun, its largest stakeholder

British travel giant Thomas Cook has confirmed that China's Fosun Tourism Group was in talks to buy its tour operator business. Fosun, which acquired a...

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