Kate Middleton’s mother is desperately trying to save her family business

Kate Middleton’s mother, Carole Middleton, has been in charge of her family business, Party Pieces since it was founded in 1987. Kate’s parents revealed that she was the inspiration for creating the company because they were thinking about what kind of party decoration would they make for their daughter’s 5th birthday.

Party Pieces specializes in party decorations and has brought joy to many children in the United Kingdom as its main goal is to offer affordable gifts for everyone. In 2022, the company expanded to the United States market in collaboration with an American supermarket chain.

Despite this, the company is struggling financially after the 2020 lockdowns. The amount of birthday parties decreased significantly and the numbers haven’t gone back to pre–pandemic levels. In addition, the United Kingdom postal service company, Royal Mail, went on strike and caused delays in deliveries from suppliers which led the company into a deficit.

According to an expert, this is the consequence of a “continued investment in the company’s growth plans, including the launch of a wholesale division and the opening of new territories in the U.S., Europe, and the Middle East.”

Carole Middleton is desperately looking for solutions to ease the situation and has appointed an advisor to look for strategic solutions, which could include a possible sale or funding from an outside investor.

Leave a Comment
Published by

Recent Posts

Sonic speeds past $1 billion thanks to its latest movie Sonic the Hedgehog 3

Sonic the Hedgehog has officially catapulted his way past the $1 billion benchmark at the… Read More

January 5, 2025

BTS’ V to join Squid Game 3? Lee Jung Jae stirs the pot

Ever since Squid Game season 2 premiered on December 26, 2024, fans have been buzzing… Read More

January 5, 2025

TXT’s Yeonjun and SEVENTEEN’s Dino are spotted hanging out in Japan

TXT’s Yeonjun and SEVENTEEN’s Dino took a breezy stroll through Fukuoka, Japan, in matching black… Read More

January 5, 2025

Prince William is reportedly shocked after the death of his ex-nanny’s stepson in the New Orleans attack

The Royal Family started 2025 with one of the saddest news ever. King Charles III,… Read More

January 5, 2025

ENHYPEN’s “ROMANCE: UNTOLD” becomes their longest-charting album on the Billboard 200

ENHYPEN has garnered a greater audience in the United States because of its performance skills… Read More

January 5, 2025

These are the winners of the 2024 MBC Drama Awards

The pre-recorded 2024 MBC Drama Awards filled the room with joy on January 5 after… Read More

January 5, 2025