Piccadilly Press celebrated 21 years in the publishing business last night at a party held at the Savile Club.

Brenda Gardner said that the company's history could be divided into three seven-year phases. The first phase, the 1980s, saw the new company growing rapidly and making healthy profits from its mainly picture book list. On the back of this success the company moved into new offices. Then the bottom fell out of the picture book market and out of the economy generally, making the new decade a period of financial anxiety. (ACHUKA understands that things got bad enough at one stage for Gardner to sell her house and move into the office.) But during the last seven years the company has managed to pay off its debts and to grow again, having established a niche market with its brand of popular teenage fiction.

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