Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    Colgate's first toothpaste came in a jar.
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    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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    In Australia, Burger King is called Hungry Jack's.
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    Dunkin' Donuts
    Dunkin' Donuts
    Dunkin' Donuts in South Korea started spraying coffee aroma into public buses every time their jingle played. Coffee sales increased 29%.
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    Nearly 22,000 checks will be deducted from the wrong account over the next hour.
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    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
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    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
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