Pumpkin Patch slides to record low as rag-trade woes extend

Thu, 10 Jul 2014

By Suze Metherell July 10 (BusinessDesk) - Shares in Pumpkin Patch, the third worst performer on the NZX's All Ordinaries Index this year ,fell to an all-time low as investors continue to mull the childrenswear retailer's outlook in an increasingly competitive apparel environment. The Auckland-based retailer's shares fell as low as 38 cents at lunchtime, and were recently down 4.9 percent at 39 cents having shed 54 percent this year. The company has been looking to revive its performance, appointing Di Humphries as chief executive last Au...

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