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The corporate story

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The corporate story

The decline of a corporate giant: After Thomas Cook, is Cox & Kings destined to face its Kodak moment?

Soon after Thomas Cook’s 178-year-long journey came to an end last month, the industry was abuzz with speculation that Cox & Kings was next in line. Early signs of trouble had been evident ever since the company defaulted on a payment in June. In the age of tech disruption, the Mumbai-based tour operator’s decline sends out a clear message to corporate giants — adapt quickly or become obsolete.

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