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By the end of 1990, Party City outlets numbered 11; five more franchised stores were added in 1991, 16 in 1992, and another 26 in 1993, bringing the total to 58. Party City was now a nationwide chain with store locations ranging from Hawaii to Puerto Rico. The company's annual revenues in 1993 topped $2.4 million and net profits approached ...
On Dec. 21, Party City filed in the U.S. Bankruptcy Court for the Southern District of Texas, after already emerging from a previous bankruptcy in 2023 with about $1 billion less in debt.
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Decorative rainbow colored arches made of party balloons used at the pride parade in São Paulo, Brazil. Party balloons are mostly made of a natural latex tapped from rubber trees, and can be filled with air, helium, water, or any other suitable liquid or gas. The rubber's elasticity makes the volume adjustable.
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The 1988 edition of The Guinness Book of World Records recognizes the event as a world record "largest ever mass balloon release", with 1,429,643 balloons launched. [10] [11] Guinness no longer measures balloon releases. [12] Balloonfest '86 was the subject of the 2017 short documentary film Balloonfest. [13]