Quiz Clothing has recorded an uplift in sales over the last six months as its occasionwear and dresses resonate with consumers.
The fashion retailer reported revenues were up 37.2% to £49.4m in the six-month period between April 1 and September 30, compared to the same period in 2021.
This was largely driven by a jump in UK store and concession sales, which grew 48.2% in the period.
As of September 30, Quiz operates 62 standalone stores in the UK, as well as 62 concessions.
Online sales and international sales also rose by 28.8% and 26.1% respectively.
Sales through its own website totalled £11.3m, while sales through its third-party partner totalled £4.8m.
Quiz said that it had improved average order value during the period, but like competitors such as Boohoo and Asos it has also seen higher returns rates.
Quiz attributed its success to “the appeal of the Quiz brand and its strong reputation amongst its customers for dressy and occasion wear.”
The retailer added that it had felt a return in demand following the lifting of coronavirus-related restrictions, but had seen a softening of sales in August and September as cost inflations hit consumer confidence.
Looking ahead, Quiz said that it was confident that its brand would continue to resonate during the festive season.
The retailer said in a statement: “Whilst it remains uncertain what impact the current cost of living pressures will have on consumers’ disposable income and on their demand for Quiz products over the remainder of the group’s financial year, management remain confident that the product proposition and commitment to providing glamorous looks at value prices will continue to appeal.
“The group’s full-year results to 31 March 2023 which will, as always, be in part dependent on trading during the key Christmas period, are expected to be in line with market expectations.
“The board is pleased with the strong growth recorded across all channels during the period which supports the group’s omni-channel business model. It remains confident that the brand will continue to increase its appeal and looks forward to achieving continued profitable revenue growth.”
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