As a mother of two young boys, I was disappointed to hear that another Australian children’s fashion retailer Pumpkin Patch was closing its doors as the retailer entered into receivership last year.
However, the company has recently announced that its brand and intellectual property have been purchased by Catch Group, which operates online stores such as CatchOfTheDay and Scoopon. The Pumpkin Patch online store is soon to be relaunched in July, with Catch Group looking to gradually open a small number of physical retail stores in the future.
Online retailers have been snapping up failed brick-and-mortar businesses recently, with Kogan purchasing electronics chain Dick Smith, relaunching the brand as an online-exclusive retailer.
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