This ad will be closed automatically in X seconds.

News reports Wonder Group preparing for insolvency

The Wonder Group – headquartered in Milton Keynes (UK) with offices in Europe and Asia – owns a stable of manufacturing, distribution and retail brands including Amscan, Christys’, Delights, Ginger Ray, as well as international companies including Party King in the Nordics.

images-2Well known for its licensed portfolio, which includes Disney, Marvel, Hasbro and many more, the company is a key name in the party, celebration and dress-up categories globally with a turnover of £300m+.

Sky News has reported from the UK that: ‘Wonder Group, which was previously known as Amscan before a brand restructure, was on Monday preparing to file a notice of intention to appoint Interpath Advisory to handle an insolvency process.

The story continues: ‘Sources said the company had been affected by falling demand in international markets for party and costume products. Wonder, which employs about 200 people in the UK, could now be broken up through the sale of a number of its assets in the coming weeks, they added.’ has approached Wonder Group for comment.

*Wonder and its associated companies include separate entities legally and internationally.

Copy of Progressive Preschool featured image (23)
The deadline is looming for suppliers to enter their products into the Halloween & Costume Association's inaugural awards....
Copy of Progressive Preschool featured image (13)
The countdown to The Licensing Awards 2024 in September is officially on, with the finalists across all categories having been announced. ...
Copy of Progressive Preschool featured image (22)
Silk is the newest balloon texture from Sempertex. ...
Copy of Progressive Preschool featured image (21)
Autumn Fair has launched this season’s The Little Black Book – the buyer’s go-to guide for the show taking place from 1 – 4 September 2024 at NEC Birmingham....
The future of Amscan International and associated companies including Ginger Ray and Christy’s by Design have been secured following a sale of the business and assets to Baaj Capital....
RH Smith & Sons (Smiffys) officially appointed administrators PricewaterhouseCoopers on 3 July 2024....
Get the latest news sent to your inbox
Subscribe to our daily newsletter