CLOSE to 1600 Pumpkin Patch workers will be out of a job by early next year after a buyer failed to emerge for the loss-making kids fashion brand.
In a bleak day for the retail sector, discount shoe store Payless Shoes also announced it had entered voluntary administration, putting 870 jobs across 131 stores as risk.
Administrators Ferrier Hodgson yesterday said the 36-year- old independent retailer will continue to trade as usual as a rescue buyer is sought.
It is the second time in three year Payless has fallen into administration.
Pumpkin Patch employs about 1000 workers in Australia through 117 stores and close to 600 in New Zealand at 43 stores.
Receiver KordaMentha will launch a fire sale of all remaining stock from this weekend as it m…
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