Pumpkin patch returns to profit, squeezes margins scoop. But ive always watched pumpkin patchs business affairs with interest and what a sad show it has been. Staying true to the diverse culture of arthur, the homestead bakery offers a full line of madefromscratch. Matthew washington director, chief financial offi, inactive maurice prendergast director, inactive joann ryan governing person, inactive. Pumpkin patch ceo resigns, australian sales down, us stores close on 29092011 08.
But ive always watched pumpkin patch s business affairs with interest and what a sad show it has been. The full chief executive officers commentary that formed part of todays announcement to the nzx is as follows. Ongoing disclosure notice disclosure of directors and officers relevant interests section 19t2, securities markets act 1988 a details of director or officer name of director or officer of public issuer. Pumpkin patch saw some improvement in the united states. Pumpkin patch was acquired by catch group in 2017 and has launched as an online store in australia and new zealand. Pumpkin patch returns to profit as it squeezes margins and costs. Pumpkin patch posts 44% drop in 1h profit as sales fall. Filing history for pumpkin patch limited 04008481 people for pumpkin patch limited 04008481 charges for pumpkin patch limited 04008481. Maurice prendegast photos pumpkin patch ceo maurice prendergast speaks at a press conference following the announcement of the companys yearly financial results on february 24, 2009 in auckland. Maurice has been chief executive officer of pumpkin patch since 1993. Childrens clothing company pumpkin patch reported a 44 per cent plunge in firsthalf net profit to nz8. Pumpkin patch managing director maurice prendergast sharechat. Md maurice prendergast says the company is considering its growth options, and will focus on enhancing its profile in australias david jones department stores. Pumpkin patch managing director maurice prendergast.
This is the official page for pumpkin patch australia. Pumpkin patch fasion company in newzaland uk essays. The brand gained media attention in australia when threeyearold qian xun claire. The two key persons had got added to the company in 1993. Link market services, level 11, deloitte house, 80 queen street, auckland tel. Weve indicated to the market we were looking to open 12 to 15 stores in the us this year. During the first half the company opened 17 stores across australia, new. Discount wars hit pumpkin patch profit the australian.
Maurice prendergast was the chief executive officer of pumpkin patch from 1993 to 2011. Removal of the losses from the us and britain, and the lower. I would like to take this opportunity to publically thank maurice prendergast, our outgoing chief executive officer, for the huge amount of effort and dedication he has given to pumpkin patch over the last 18 years. Pumpkin patchs new ceo di humphries needs to take a closer look at.
Existing shareholders, including executive chairman greg muir and managing director maurice prendergast, retained 51 per cent ownership of the company. Ongoing disclosure m prendergast nzx, new zealands exchange. Pumpkin patch direct limited in mechanicsville, va. Pumpkin patch direct limited is a virginia foreign corporation filed on january 11, 2008. Pumpkin patch ceo resigns, australian sales down, us stores close. The chair part of muirs role focuses on governance and board issues while the executive part of his title includes responsibility for the companys. Prendergast, maurice john correspondence address 32 arney crescent, remuera, auckland, new zealand.
The registered agent on file for this company is incorporating services ltd and is located at 7288 hanover green dr, mechanicsville, va 23110. Pumpkin patch shares slide as the clothing retailer reports a 50% dive in operating profits and chief executive maurice prendergast resigns. Pumpkin patch was the 2010 supreme winner at the new zealand international business awards. From left, greg muir, managing director maurice prendergast, sally synnott and design director chrissy conyngham celebrate pumpkin patch s 2004 nzx listing. Oct 23, 2012 community corner pick your own pumpkins pick your own farms in new jersey and rockland county, new york by ann piccirillo, patch staff oct 23, 2012 2. Pumpkin patch ceo resigns, australian sales down, us. The hybrid retail environment should be ideal for pumpkin patch and its mailorder beginnings. Pumpkin patchs nonaustralasian markets remain anything. Cartersville man charged with murder after breakin, burglary. James a meger limited edition print pricing secondary. Pumpkin patch chief executive maurice prendergast said 2011 was always going to be tough, specially with the retail softness that had developed since early 2010.
Im interested to see what the combination of the new ceo and new general manager of marketing will bring. The result, though down on market expectations earlier in the year, is in line. Pumpkin patch direct limited in mechanicsville, va company. We are eagerly up before the sun, donning our aprons and clutching our measuring spoons and cups to scratch together our fresh delectable baked goods. Lets go back over the last 5 years and see how the. At pumpkin patch muir shares the day to day running of the company with managing director maurice prendergast who runs the manufacturing and retail side of the business. Ongoing disclosure m prendergast nzx, new zealands. We are located on the corner of hwy17 and 415 just south of madrid. Pumpkin patch posts 44% drop in firsthalf profit as sales fall, costs rise. Pumpkin patchs chief executive officer, maurice prendergast, commented the decisions we are announcing today are necessary to ensure we are operating in a way that better matches the current retail environments we face across our markets. During the first half the company opened 17 stores across australia, new zealand, united kingdom and its newest retail market ireland. Pumpkin patch recovery road a timeline of the british. Pumpkin patch chief executive maurice prendergast said the changes announced today would enhance future earnings and cash flow results. Pumpkin patch scream queens, the fifth episode of the american television series scream queens this disambiguation page lists articles associated with the title pumpkin patch.
Pumpkin patch limited officers free information from. Pumpkin patch shares slide as the clothing retailer reports a 50% dive in operating profits and chief executive maurice prendergast. The companys filing status is listed as 40 withdrawnvol and its file number is f173472. So several months later, i ended up sitting across the table from thenceo maurice prendergast and the creative director. Ms katz said she sat down with then chief executive maurice prendergast to air her views in 2014, after being introduced through a business contact. The company also sells its products through mailorder catalogue and internet. I think theres a genuine acceptance of new brands in the us. Pumpkin patch reported yesterday that aftertax profits fell 3. The homestead bakery opened its doors in june 2006 and is one more way the condills provide an opportunity to reconnect with the land. While parents tastes changed, pumpkin patch designs did not.
Pumpkin patch turns to fullyear loss on store closures. Jobs are under threat at pumpkin patch in new zealand after the childrens clothing retailer announced on wednesday it plans to close down underperforming stores in. To prendergast, the major organisational change wrought by pumpkin patchs float apart from rewarding many staff with shares and options was experienced at the financial level. The latest bad news and profit downgrade out yesterday has got me thinking about the future of this share in the share investor portfolio, and the future for the company under present management. Ms katz said she sat down with then chief executive maurice prendergast to air.
The idea for the company began when a woman had a vision of providing high quality, yet affordable childrens clothing and the company sold its products through mail order catalogue. Pumpkin patch is a chain store based in auckland, new zealand that mostly focuses on the design, marketing, retail, and wholesale of childrens clothing primarily in new zealand, australia, the united kingdom, and the united states. The registered agent on file for this company is incorporating services ltd and is located at. Two years after that disastrous meeting, prendergast resigned as ceo amidst a 50.
Independent director maurice was previously a director of and ceo of pumpkin patch, a position he held from 1993 to 2011. A notable example is the preparatory work that prendergast did to get pumpkin patch market ready before its debut on the nzsx in june 2004. Two years after that disastrous meeting, prendergast resigned as ceo amidst a. Pumpkin patch is the largest childrens fashion company in new zealand. If an internal link led you here, you may wish to change the link to point directly to the intended article. Five years ago i wrote a blog post about new zealand childrens retailer pumpkin patch. Prendergast, maurice john correspondence address 32 glenmore road, pakuranga. Pumpkin patch storm break royal flush pheasant storm warning pheasant alpha timberwolf moonride pony express all is bright matins hidden game wolf one more pass snowy pursuit dreams come true fast moving game bear necessities full house uninvited guests storm thanks be given moonwalk night lights homestead buck stops here holy night stack of bills. I thought the brand had lost its way and that its former glory as beloved new zealand company founded by sally synott in 1990, was fading. The directors are pleased to present the annual report of pumpkin patch limited for the year ended 31st july 2005 for and on behalf of the directors, maurice prendergast greg muir september 2005 registered office 439 east tamaki road auckland new zealand contact details private bag 94 310 pakuranga auckland new zealand phone.
In any case, their roles are, by necessity, very intertwined. Pumpkin patch limited ppl company profile and status at. After a successful debut on the new zealand stock exchange on 9 june 2004, the pumpkin patch has indicated that transtasman growth is its new priority. Pumpkin patch s chief executive officer, maurice prendergast, commented the decisions we are announcing today are necessary to ensure we are operating in a way that better matches the current retail environments we face across our markets. The company was founded in 1990 by maurice prendergast, an accountant by training. Pumpkin patch, the childrens clothing chain, turned to a fullyear net loss after taking charges to close u. From left, greg muir, managing director maurice prendergast, sally synnott and design director chrissy conyngham celebrate pumpkin patchs 2004 nzx listing. He has been the driving force behind the transformation of pumpkin patch from a small new zealand mail order business to a truly. Cartersville, ga patch breaking local news events schools. For a long time, pumpkin patch has felt like a brand still in the 90s. Time for change at pumpkin patch businessblogs hub. Maurice has held executive positions in accounting, distribution and property development in both new zealand and australian companies.
Sep 22, 2010 pumpkin patch returns to profit as it squeezes margins and costs. I have been a long suffering pumpkin patch ltd ppl. Two years after that disastrous meeting, prendergast resigned as. Jobs are under threat at pumpkin patch in new zealand after the childrens clothing retailer announced on wednesday it plans to close down underperforming stores in the us and scale down its business in britain. Pumpkin patch limited 1st march 2011 for further information please contact. Childrens clothing company pumpkin patch promised shareholders at the annual meeting improved trading results this year despite tough. Chief executive maurice prendergast talks about how new zealands distance from international markets. Change management life after the ipo is it any different. New zealand take on fashion gives pumpkin patch an edge. We parted ways and agreed to disagree about just how well pumpkin patch was doing.
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