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Pumpkin Patch, the children's clothing chain that has grown to 227 stores, said slowing economic growth in its biggest markets of Australia and New Zealand is resulting in only a "minor softening" in sales, website sharechat.co.nz reported.
"Solid trading conditions" in the first half of fiscal 2008 have continued into the second half and it is confident its brand strength will underpin revenue, the company said in a presentation to Asian investors.
The company said trading in stores in the UK and the US, its third and fourth-largest markets by outlets, have been more difficult.
Shares of Pumpkin Patch are now unchanged at a four-year low NZ$1.50. The stock has more than halved in value since the start of 2007.
