Cirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFPCirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFP
Cirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFP

Fosun’s billionaire chairman, stung by collapse of Thomas Cook, Cirque du Soleil, says missteps inevitable in global strategy

  • Guo Guangchang, the chairman of Fosun International, said it is inevitable that there are a few missteps along the way in its global expansion strategy
  • Fosun said that its tourism and cultural businesses were affected because of the extensive lockdown measures to contain the Covid-19 pandemic around the world

Topic |   Fosun Group
Cirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFPCirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFP
Cirque du Soleil artists perform in Guadalajara City, Mexico, on August 29, 2018. In June, the Canadian company, in which Fosun holds a 25 per cent stake, filed for protection from creditors. Photo: AFP
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.