Previously known as Amscan, Milton Keynes-based Wonder is lining up Interpath Advisory after being hit by a consumer spending slowdown, Sky News learns.
By Mark Kleinman, City editor @MarkKleinmanSky
A party supplies retailer and distributor is teetering on the brink of administration after being hit by a downturn in consumer spending.
Sky News understands that Wonder Group, which was previously known as Amscan, was on Monday preparing to file a notice of intention to appoint Interpath Advisory to handle an insolvency process.
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…
