The online party goods supplier founded by the Princess of Wales’s parents has been sold after it failed to avoid collapsing into administration.
Sky News has learnt that Party Pieces Holdings, which was launched by Carole and Michael Middleton in 1987, was bought on Thursday by James Sinclair, an entrepreneur.
Sources said the sale had been implemented through a pre-pack administration, meaning it had appointed insolvency practitioners before being sold without some of its liabilities.
It was unclear what price Mr Sinclair’s company, Teddy Tastic Bear Co Ltd, had paid or how big the liabilities were that had been left behind.
According to his personal website, Mr Sinclair “operates a £30m business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest ice cream companies; The Rossi Ice Cream Company”.
The Middletons’ preferred option had been to sell Party Pieces with a dowry and avert insolvency but this proved impossible, according to insiders.
Image: The Princess of Wales in London today. Pic: Yui Mok/PA
Interpath Advisory is understood to have been appointed as administrator in court on Thursday morning.
Other leading bidders for Party Pieces included Club Green, a family-owned business which has also operated for decades in the party goods sector.
The Middletons, who conceived of the business as they were seeking inspiration for daughter Kate’s fifth birthday, instructed Interpath to find a buyer earlier this year.
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Originally set up to organise imaginative children’s parties, the business expanded into selling party decorations, tableware and personalised gifts.
The pre-pack sale comes just 12 days after the King’s coronation, their daughter’s father-in-law.
According to information circulated to potential bidders, Party Pieces had shown “some recent UK performance contraction during international expansion and focus on margins”.
Trading is said to have been severely impacted by the pandemic and the company is reported to have made losses in the last financial year for which accounts have been filed.
A British man has died after an avalanche at a ski resort in the French Alps, local officials say.
The 27-year-old man died after being buried in snow at a ski resort and carried about 15m (49ft) by the avalanche’s force, according to local prosecutor Benoit Bachelet.
The incident occurred at Val Thorens ski resort in the Savoie region of southwest France, shortly after 10am on Thursday.
Mr Bachelet said nearby police officers were alerted to the incident by a witness, and the British man was pulled out of the snow.
He added officers gave first aid to the man, who had entered cardiac arrest.
He was taken to hospital in Grenoble, in the Auvergne-Rhone-Alpes region, where he died that evening, Mr Bachelet said.
An investigation into the incident has been opened by the regional prosecutor’s office.
The prosecutor said the victim’s family were being supported by local services.
A Foreign Commonwealth and Development Office spokesperson said: “We are supporting the family of a British man who died in France and are in contact with the local authorities.”
Former Rochdale player Joe Thompson has died aged 36.
His former club said it was “devastated” to learn of his death.
Thompson, who retired in 2019, was diagnosed with cancer for a third time last year.
In its statement, Rochdale FC said he died “peacefully at home on Thursday, with his family by his side”.
He made over 200 appearances for Rochdale, who he joined from Manchester United‘s academy in 2005.
The club posted a tribute on X, describing the former midfielder as “a warm personality who had a deep connection with our club from a young age”.
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In her tribute on Instagram, Thompson’s wife Chantelle said he had “made such an impact on so many people” and he was “the most incredible husband, son, brother, friend and father”.
During his career, he played for Tranmere Rovers, Bury and Carlisle United, with spells on loan at Wrexham and Southport.
He was first diagnosed with Hodgkin lymphoma in 2013, while playing for Tranmere.
When Thompson rejoined Rochdale from Carlisle in 2016 the disease soon returned, but he confirmed he was cancer free in June 2017.
Two years later, he announced his retirement at the age of 29, saying his body had been pushed “to the limit” having twice undergone treatment for cancer.
Last year, he revealed he had been diagnosed with stage four lymphoma which had spread to his lungs.
A senior police officer has been sacked after he had sexual contact with a woman while on duty.
The police watchdog found Tom Simons, a chief superintendent with Essex Police, abused his position for a sexual purpose with two women – including by touching a colleague inappropriately and failing to disclose a relationship with one of them.
The Independent Office for Police Conduct (IOPC) said he continued with his behaviour despite being reminded of the importance of maintaining professional boundaries.
The case was first referred to the IOPC in March 2022 after multiple allegations, Essex Police said.
Mr Simons was suspended from duty and interviewed under criminal caution by the IOPC, which executed a search warrant of his house and checked his phone and other devices as part of an investigation.
The case was referred to the Crown Prosecution Service (CPS) in January 2024 to consider charges relating to alleged sexual offences, coercive control and misconduct in public office, but it was decided he would not be charged with any criminal offences, the IOPC said.
A disciplinary panel chaired by Bedfordshire Police’s assistant chief constable found Mr Simons had committed gross misconduct and breached the police professional standards of behaviour.
Mr Simons denies all the allegations.
He was dismissed without notice after the misconduct hearing concluded this week. He will also be placed on the College of Policing barred list.
IOPC director Emily Barry said she “would like to praise the courage of the women” who came forward.
“They faced pressure from him as a senior officer, but it’s thanks to them that our investigation was able to gather the strong evidence that was put before the panel at the misconduct hearing, resulting in his dismissal,” she added.
“He has deservedly lost his job and it’s behaviour like this that damages the public’s trust and confidence in police officers.”
Ben-Julian Harrington, chief constable of Essex, said there was “simply no place in policing for people who think, wrongly, that they can get away with sexual misconduct”.
“I will be completely frank. This case is particularly disappointing given the seniority of the former officer,” he added.