Kate Middleton: her mother in great financial difficulty, she makes a radical decision


The business of Kate Middleton’s mother, Carole Middleton, is in serious financial trouble. The Princess of Wales’ mother decided to call in the professionals.

  • Kate Middleton’s mother’s business is in serious financial trouble
  • The company Party Pieces by Carole Middleton called on specialist advisers
  • The company’s deficit has hit £1.35m so far

Carole Middletonthe mother of Kate Middletonfaces some difficulties financial with his online business Party Piecesaccording to DailyMail. Party Pieces is an online party decoration company established in 1987. A project said to have been inspired by the fifth birthday of the Princess of Wales. Only, Party Pieces has to face financial problems due to bad year-end holiday numbers. This created a quarrel with its suppliers. The media explains that the poor turnover is due to the drop in customer spending linked to rising cost of living.

To deal with these difficulties, Party Pieces turned to specialist advisers. It is Interpath who has been assigned to fill this position in order to manage the company’s strategic options, according to Telegram. We are working with our advisors to secure additional investments that will help us support the business in the next phase of our growth planexplained a spokesperson for Party Pieces. The impact of inflation on the company is not the only cause of this situation. THE strikes Royal Mail also caused delivery delays. There are also the health restrictions linked to Covid-19 which have considerably reduced the number of customers.

Kate Middleton: her mother’s business grew in the United States

Originally, Party Pieces was created for provide affordable gifts during the children’s parties. Last year, the company expanded into the United States following an agreement with the supermarket Saker ShopRite. A decision that would also have been responsible for the current situation. Indeed, it was revealed last October that Party Pieces had recorded a loss of £285,506, in 2021. Which brings its deficit down to £1.35million. This situation would be the consequence of “continued investment in business growth plansincluding the launch of a wholesale division and the opening of new territories in the United States, Europe and the Middle East“, explains the DailyMail.

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