Briscoe's Rod Duke keeps silent on Pumpkin Patch speculation

Briscoe's Rod Duke keeps silent on Pumpkin Patch speculation
By Fiona Rotherham Jan. 16 (BusinessDesk) - Rod Duke, majority shareholder and managing director of Briscoe Group, has refused comment on market speculation that he may take control of struggling childswear retailer Pumpkin Patch. Pumpkin Patch hired Goldman Sachs late last year to advise on its capital and funding requirements and said a share issue was an option after warning it could breach banking covenants if Christmas trading fell below expectation. Closing unprofitable outlets is also under consideration in the turnaround plan. Duk...