Fiasco (noun)

A complete failure or a disaster.

Origin:

Mid 19th century: from italian, literally "bottle, flask", from latin phiala, denoting a shallow vessel for holding wine; compare with flagon.

Examples:

1. The project turned out to be a complete fiasco.
2. The concert was a fiasco, with the band arriving late and the sound system not working.
3. The campaign was a public relations fiasco.
4. The whole thing was a financial fiasco.
5. The new product launch was a complete and utter fiasco.