Interior design firm overseen by Nick (left), while Christian focuses on developer CPC
Christian Candy has resigned as a director from interior design company Candy & Candy to oversee CPC, the Candy brother’s development firm.
A spokesperson for Candy & Candy said the exit was part of an “internal restructure” of the company that splits the roles of the two brothers.
“It is simply part of an internal restructuring of the group of companies and simply means that Nick oversees Candy & Candy and Christian oversees CPC Group,” they said.
CPC Group is owned by Christian Candy, and was behind the brothers’ $1bn ‘super-prime’ One Hyde Park project.
His departure as a director from Candy & Candy Holdings was filed at Companies House on 31 March shortly after accounts were filed that showed the company’s turnover had dropped from £19m to £8.6m in the year to 30 June last year.
The firm also recorded a pre-tax loss of £889,735, having lost £547,325 the previous year.