Quiz
This coverage explores the performance, strategy, and brand activity of Quiz within the UK retail industry. Reporting focuses on store openings and closures, e-commerce initiatives, marketing campaigns, financial results, and leadership decisions that shape the company’s direction. Insights are curated for retail professionals tracking value-driven fashion brands and assessing their impact on the competitive high street and online landscape.
-
Jan- 2025 -20 JanuaryHigh Street
Quiz eyes store closures as costs mount
Quiz is reportedly considering closing up to a third of its 60-location portfolio as a way to cut costs and stabilise the business, according to The Telegraph. It comes as Quiz is also due to delist from the London Stock Exchange’s AIM market and return to private ownership, following a…
Read More » -
9 JanuaryNews-In-Brief
Today’s news in brief-9/1/25
The BRC-Nielsen IQ Shop Price Index showed shop price deflation at 1% in early December, up from 0.6% the previous month, reflecting strong discounting tied to a later Black Friday. Non-food prices fell sharply by 2.4%, though food inflation remained steady at 1.8%, its lowest since December 2021. BRC CEO…
Read More » -
9 JanuaryClothing & Shoes
Quiz shareholders approve AIM delisting
Quiz has announced that its shareholders have approved the delisting of the retailer from AIM and its return to private ownership. In an official announcement, Quiz shared that 98.6% of shareholders backed the resolutions. Following the approval, the retailer will cease trading on AIM at 7:00 a.m on 23 January…
Read More » -
7 JanuaryNews-In-Brief
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
Read More » -
7 JanuaryClothing & Shoes
Quiz lender hires advisors ahead of delisting vote
Quiz’s principal lender has reportedly drafted in advisors to help the company explore restructuring options amid a “growing crisis” at the retailer.According to Sky News, HSBC hired restructuring experts from Interpath Advisory ahead of a vote on delisting from the London stock market. Quiz reportedly plans to hold a shareholder…
Read More » -
2 January
Today’s news in brief-2/1/25
Lidl reported its best-ever Christmas performance, with turnover surpassing £1bn for the first time, a 7% increase over the four weeks to December 24, 2024. The retailer attracted over 2m additional customers, with December 23 marking its busiest day. Key contributors included the expansion of its British supply base by…
Read More » -
2 JanuaryClothing & Shoes
Quiz losses widen to £4.7m in H1
Quiz has reported an increase in pre-tax losses to £4.7m in the six months to 30 September 2024. The fashion retailer said that its “disappointing” results in part reflect the impact of inflationary pressures on consumer confidence and spending, which has led to an 8% reduction in revenues during the…
Read More » -
Dec- 2024 -23 DecemberNews-In-Brief
Today’s news in brief-23/12/24
Fashion retailer Quiz plans to delist from the Alternative Investment Market (AIM) and re-register as a private company following weak sales and financial strain. A shareholder vote, requiring a 75% majority, is scheduled for 8 January 2025, with the transition set for 23 January if approved. The company cited regulatory…
Read More » -
23 DecemberClothing & Shoes
Quiz proposes stock market exit amid financial difficulties
Quiz has proposed plans to cancel its listing on the Alternative Investment Market (AIM) and re-register as a private company as a result of financial difficulties. The retailer is seeking investor approval for the move at its next general meeting scheduled for 8 January 2025. The vote will need a…
Read More » -
6 DecemberClothing & Shoes
Quiz appoints advisors amid disappointing November sales
Quiz has appointed advisors to review its financing and strategic options after it reported a 5.7% decline in revenues to £24.9m for the four-month period from 1 August to 30 November 2024. It warned that given the disappointing level of revenues during the key trading month of November the cash…
Read More »