Party Pieces which was founded in 1987 by Carole Middleton along with her husband Michael has appointed Interpath Advisory to help it seek additional investment or to achieve an outright sale of the business.
Demand had fallen below forecast over the Christmas period which was also badly impacted by Royal Mail strikes. Last year Party Pieces entered the US market via a partnership with Saker Shoprite and also invested in developing sales in Europe and the Middle East.
In a statement, the company confirmed: “We are working with our advisers to secure additional investment which will help support the business as we look to embark on the next phase of our growth plan.”
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