History is littered with the ruins of empires which once claimed or hoped their rule would last forever.Back in the 19th century, Britain’s mills dominated the world’s textile trade but they eventually lost their status as American and Asian competitors started taking over. In the early 21st century, household names like Kodak and Nokia collapsed when they failed to adapt to the digital revolution.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles