Carole Middleton, created in 1987 Party Pieces, a party supply company. An idea that the Princess’ mother had when she found that there was a lack of diversity of items for children’s birthday parties. However, the mother of the one who shared a tender photo with her father, seems to be going through difficult times. Indeed, thehe end-of-year celebrations were not as fruitful as the businesswoman would have hoped. The British face a economic crisis due to the rising cost of living in the UKand companies must also deal with the Royal Mail strikes.
To deal with this crisis, Carole Middleton herself contacted the suppliers according to a source who spoke to the Daily Mail. “She insisted that she wanted to continue doing business with them [les fournisseurs]but that she would like to benefit from conditions allowing Party Pieces to have 90 days [pour payer les marchandises] instead of the usual 30 days”, informs the source. However, it would seem that this call was not heard as she would have hoped. However, still according to the source of the Daily Mail, “during the year, the company saw an impressive 18% increase of its retail revenue”, despite the difficult period that the company is going through.
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Party Pieces is rolling out around the world
A report published in October, shows that for Party Pieces Holdings, “the after-tax loss represents the continued investment in the company’s growth plans, including the launch of a wholesale division and theopening of new territories in the United Statesin Europe and the Middle East”. Indeed, the company of Carole Middleton, which currently employs 40 people, is in the process of deploying all over the world. Last October, the Princess’s mother traveled to the United States to visit stores that sell Party Pieces products. It may just be a bad time for Carole Middleton.
Article written in collaboration with 6Medias.
Photo credits: AGENCY / BESTIMAGE
