Quiz administrators have deepened the brand’s clearance Sale across its store estate as the search for a buyer continues, Retail Week can reveal.
The fashion brand collapsed into administration at the start of the month, citing year-long “challenging trading conditions” and a “disappointing” Christmas.
Interpath joint administrator Geoff Jacobs told Retail Week: “We urge any remaining parties with an interest in acquiring the stock, store operations and infrastructure of Quiz to contact us as soon as possible.”
Quiz’s online store was closed immediately following the appointment, but its 40 stores across the UK continue to trade while stock clearance sales are underway.
Interpath announced today that it was implementing new discounts across the remaining stock.
Joint administrator Alistair McAlinden said: “Since our appointment on February 5, trading across the Quiz store portfolio has been extremely positive.
“We’d like to advise customers that all 40 stores remain open, and we will now be commencing additional clearance discounts across all remaining stock.
“We’d like to give our huge thanks to Quiz’s team of dedicated employees and its loyal customers for their tireless support since our appointment.”
Interpath said the brand’s concessions inside New Look and Matalan stores across the UK were not part of the administration process and continue to trade as normal.
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