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Fosun International

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2019

    Thomas Cook collapse and tourism rescue attempt

    Fosun Tourism participated in proposed rescue arrangements for Thomas Cook, but the wider travel group entered compulsory liquidation in September 2019. Fosun subsequently acquired the Thomas Cook brand.

  2. 2015

    Temporary disappearance of chairman Guo Guangchang

    Guo Guangchang was reported missing on 11 December 2015 and returned on 14 December. Fosun said he had been assisting a government inquiry; the company temporarily suspended share trading and stated that it did not expect a material adverse effect on operations or finances.