Pumpkin Patch
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| Traded as | NZX: PPL |
|---|---|
| Founded | 1990 |
| Founder | Sally Synott[1] |
| Headquarters | Auckland, New Zealand |
|
Number of locations
|
218 (2009) |
|
Area served
|
Worldwide |
|
Key people
|
Peter Schuyt (Chairman) Luke Bunt (CEO) as of August 2015. |
| Products | Brands: Urban Angel Girls, Charlie&me, Patch General Store, Patch Maternity |
| Revenue |  NZ$381.9 million (2010)[2] |
| Profit |  NZ$25.5 million (2010) |
| Total assets | NZ$161 million (2007)[3] |
|
Number of employees
|
2000[1][4] |
| Website | pumpkinpatchkids.com |
Pumpkin Patch is a childrenswear retailer based in Auckland, New Zealand established in 1990 that mostly focuses on the design, marketing, retail, and wholesale of children’s clothing. It employs over 2,000 people and has company-owned retail stores in New Zealand, Australia and Ireland as well as distribution agreements in Asia, the Middle East, the United Kingdom and the United States. The company also sells its products online.
In 2015, Pumpkin Patch was voted by Australian shoppers as providing the best customer service in their category of clothing and sport stores. The company rated the highest in the survey for customer satisfaction at 92%. [5]
The firm also received a Highly Recommended in the Essential Baby Awards 2015 in the "best maternity and babywear clothing brand" category. [6]
Pumpkin Patch has a long term partnership with charity organisation Cure Kids and has raised over $600,000 since the partnership began in 2006 to help save, improve and extend the lives of thousands of young children with life threatening illnesses. [7]
Since 2014, the firm has experienced declining revenues and margin compression due to competition. In response, it has closed a number of unprofitable stores, withdrew from some overseas markets, and cut other costs. It temporarily breached some of its banking covenants in 2015 but has since renegotiated those. [8]
References
- ↑ 1.0 1.1 Pumpkin Patch: Our Story
- ↑ Pumpkin Patch profit soars, 22 Sep 2010, Ragtrader
- ↑ Pumpkin Patch Limited - Macquarie Securities Australian Conference May 2007, Pumpkin Patch
- ↑ Pumpkin Patch investor relations
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- ↑ http://www.radionz.co.nz/news/business/285674/another-difficult-year-for-pumpkin-patch
