All Quiz articles – Page 2
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NewsQuiz losses deepen as sales plummet due to pandemic store closures
Fashion retailer Quiz has reported deepening losses as rolling store closures due to pandemic restrictions hammered its revenues.
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Retail Navigator AnalysisQuiz (SWOT)
Quiz provides its customers with a clear and concise proposition of affordable, contemporary occasion wear as well as a newer range of smart casual clothing.
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Retail Navigator Analysis
Quiz (Overview)
Quiz was established in 1993 in Glasgow by founder and former chief executive Tarak Ramzan, originally selling women’s clothing through a handful of stores but subsequently becoming a fast fashion omnichannel retailer with a substantial international presence.
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Retail Navigator AnalysisQuiz (Financials)
Sales at Quiz declined 10.6% year on year to £82.0m in the year to end-March 2024 (FY2023), with consumer demand impacted by the cost-of-living crisis. Sales through UK stores and concessions fell 8.4% year on year to £41.6m in FY2023, while international sales dipped 3.7% to £15.8m, and sales through the online business dropped 17.8% to £24.5m. Quiz swung to a pre-tax loss of £6.7m in FY2023, down from a pre-tax profit of £2.3m the year before.
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NewsQuiz wins better rental terms following stores administration
Fashion retailer Quiz has won more flexible leases after putting its stores business into administration to conduct a restructuring.
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AnalysisThe Big Question: Should fashion retailers stop sourcing in Leicester?
Leicester is in the spotlight again following allegations of unsafe working conditions and suppliers paying below minimum wage with links to Boohoo and Quiz. Industry experts weigh in on whether it is time for fashion to pack up in Leicester or double down on tackling the problems.
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NewsQuiz ‘extremely concerned’ by fresh Leicester sweatshop allegations
Embattled fashion brand Quiz has said it is “extremely concerned” by reporting over the weekend that alleged workers at a factory making its products in Leicester were not paid the National Living Wage.
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AnalysisBack from the brink – what’s next for retail’s Covid casualties?
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
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OpinionOpinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsQuiz resumes online trading with ‘strict’ safety measures in place
Fashion brand Quiz has resumed selling online this morning after temporarily halting its ecommerce and distribution operations during the coronavirus pandemic.
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NewsDixons Carphone, Quiz and Topps Tiles warn of coronavirus-induced sales falls
Dixons Carphone, Quiz and Topps Tiles have all removed their guidance on profits following the government mandate that they shut all their stores to stem the spread of coronavirus.
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AnalysisAnalysis: After a disappointing Christmas, how can fashion retailers get back on trend?
As retailers post trading updates for that all-important peak trading period large parts of the fashion sector have been washed out and hung up to dry.
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NewsQuiz Christmas sales slump in ‘disappointing’ festive performance
Quiz has posted a fall in sales over the festive period across stores and online against what boss Tarak Ramzan has described as a “challenging” trading backdrop.
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NewsQuiz targets rent reductions in bid to turnaround flagging store estate
Quiz has said it is in discussions with landlords on stores with leases coming up to expiry looking for an average of 30% rent reductions as it battles to turnaround the flagging fortunes of its estate.
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NewsQuiz swings to loss as brand blames ‘challenging market conditions’
Quiz has swung to a loss before tax and seen its underlying EBITDA more than halve in what the fast-fashion group called a “continued challenging market”.
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NewsQuiz laments ‘challenging’ market as store sales slump
Quiz has suffered a fall in sales during its first half as “very challenging” conditions on the high street impacted its top line.
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NewsQuiz expects return to profit despite tough summer trading
Fashion retailer Quiz has said it expects to return to profitable growth in the medium term, despite reporting tough trading over the summer months.
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AnalysisCoping with the ‘rent of online’ – customer acquisition costs
Bricks-and-mortar retailers may lament rent and business rates, but etailers have their own overheads: customer acquisition costs – and they are spiralling. George MacDonald investigates how they are coping with this digital overhead.
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