A dispute around entitlements is growing at clothing retailer Pumpkin Patch, which went into receivership last week.
The New Zealand-based board admitted the company was ‘over-leveraged’, and in the interest of stakeholders put the company into voluntary administration. The same day, its major creditor ANZ bank appointed receivers Korda Mentha.
Pumpkin Patch still has a large Australian footprint, with 1,000 staff across 117 stores. It has 43 retail stores and 600 wo…
Read the full article at: http://www.abc.net.au/news/2016-11-02/pumpkin-patch-receivership/7987892