Quiz was established in 1993 in Glasgow by founder and chief executive Tarak Ramzan. While it originally began by selling its own manufactured women’s clothing through a handful of stores, Quiz has transformed itself into a fast-fashion omnichannel retailer. Its network comprises over 150 stores worldwide. Retail Week provides news, analysis, features and opinion about Quiz and the fashion sector.
Administrators Interpath will review whether to continue trading from the 40 Quiz stores currently open at the end of April, provided no rescue deal can be reached in that time, Retail Week understands.
Quiz administrators have deepened the brand’s clearance Sale across its store estate as the search for a buyer continues, Retail Week can reveal.
Fashion retailer Quiz has collapsed into administration this afternoon (February 5), putting 565 jobs at risk.
The owners of Quiz are racing to secure a fresh injection of cash to help stabilise the fast fashion brand following a “disappointing” Christmas.
Quiz said it has enjoyed a “strong start” to the countdown to Christmas after its new partywear collection helped deliver a boost in revenues.
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