This chapter deals with the issue of stagnation in companies and how to halt such a spiral of stagnation. What does it take to turn such a company around to once again prosper and flourish? In addressing the topic of stagnation and resilience, the chapter describes how a fashion design company, under new ownership, after a long period of stagnation, turned near failure into vitality and renewal capacity. The analysis shows that economic, technical and social resources were used and combined in ways to ensure trust as a mediating factor. Lessons learned are that such a turnaround is likely to involve many of the following changes: debt restructuring, a long-term view of profitability, a remix of product lines, brand renewal, and revised strategies with customers and suppliers. Additionally, an investment in a more innovative organizational structure in which employees have more responsibility and where stating and sharing one’s ideas and opinions is not only a requirement but also a necessity.