aop
ad

Deloitte administrators called to children’s clothing store

by Rachael Singh

More from this author

19 Jan 2012

Lobby at Deloitte offices

DELOITTE ADMINISTRATORS have been called to children's clothing retailer Pumpkin Patch.

Daniel Butters and Richard Hawes, partners at Deloitte, were appointed joint administrators to the Reading-based business.

The administrators closed five stores and made 60 people redundant on appointment. Pumpkin Patch had 36 stores and employed about 400 staff with its parent company and head office based in New Zealand.

Butters said: "Pumpkin Patch has suffered as a result of the unprecedented and prolonged downturn being experienced in the UK retail sector. We will continue to trade the business while we explore all strategic options.

The online and non-UK business is not in administration.

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities