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Quiz calls in advisors as sales continue to drop

British retailer Quiz has announced that it has engaged advisors to “consider appropriate options” after revenues during its key trading month of November took a sharp decline. For the four month period from 1 August to November 30, 2024, total sales at Quiz dropped 5.7 percent year-on-year to 24.9 million pounds. Declines were seen both in...

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BusinessFeatured

Fashion retailer Quiz posts full year loss

Driven by the impact of cost-of-living pressures on consumer demand, Scottish fashion brand Quiz said revenue for the full year decreased 11 percent year on year to 82 million pounds. Higher levels of full price sales resulted in gross margin increasing to 62.2 percent, EBITDA for the year decreased to 0.9 million pounds, while loss before tax...

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