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.
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Dec- 2023 -11 DecemberNews
Today’s news in brief-11/12/23
November proved to be a challenging month for UK retailers, with Black Friday discounts failing to uplift sales, according to figures from accountancy firm BDO. Despite a positive start with a 4.7% increase in week one, like-for-like sales in November declined by 0.3% compared to the previous year. The fashion…
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11 DecemberClothing & Shoes
Matalan adds 10 new third-party brands
Matalan has announced the addition of 10 new third-party brands launching exclusively online. The new brands are Quiz, Pink Vanilla, Blue Vanilla, Roman, Yumi, Mela London, Where’s that From, Izabel, Brand Threads and Toe Zone. These new brands will sit alongside existing brands such as Little Mistress, JDY, In The…
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5 DecemberNews
Today’s news in brief-5/12/23
Independent luxury retailer Jules B is reportedly contemplating a Company Voluntary Arrangement (CVA) following a ransomware attack that occurred in September. The MD and co-founder, Julian Blades, has sought assistance from KSA Group to navigate through the financial challenges. The retailer aims to focus more on its website, which constitutes…
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5 DecemberClothing & Shoes
Quiz launches strategic review after £1.5m loss
Quiz has announced that it has launched a strategic review after it posted a pre-tax loss of £1.5m for the six months ended 30 September 2023. This loss comes after the company posted a profit of £1.8m in the same period last year, with the retailer putting this drop down…
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Sep- 2023 -19 SeptemberNews
Today’s news in brief-19/09/23
Kingfisher, the parent company of B&Q, has revised down its full-year profit forecast to £590m from the initial estimate of £634m. This adjustment is in response to challenging trading conditions. In H1, the company reported a 30.9% decrease in operating profit compared to the same period last year, with group…
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19 SeptemberClothing & Shoes
Quiz revenues drop 15% in Q1 as demand cools
Quiz has revealed that like-for-like revenues in the first quarter were 15% lower than the comparable period the previous year as demand fell over the period. The fashion brand attributed this decline to a 12% decrease in its UK stores and concessions revenues, which reflects the decline in traffic in…
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Aug- 2023 -25 AugustClothing & Shoes
Quiz non-exec director steps down
Fast fashion brand Quiz has announced that non-executive director Charlotte O’Sullivan intends to step down from the board of directors on 30 November 2023. The decision to step down comes as O’Sullivan relocates overseas. Given this O’Sullivan will not be proposed for re-election as a director at the group’s annual…
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Jul- 2023 -14 JulySupermarkets
MPs to quiz Asda boss on fuel price competition
Members of Parliament are set to question Mohsin Issa, co-owner of Asda, on comments from one of his lieutenants over the group’s fuel price strategy, according to reports from Reuters. The Common’s Business and Trade Committee have said they are concerned about discrepancies between statements from chief commercial officer Kris…
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5 JulyNews
Quiz revenues rise by 17% in FY23
Quiz, the omnichannel fashion brand, has reported a 17% revenue increase to £91.7m for the year ended in March 2023. Higher levels of full price sales resulted in gross margin increasing to 61.6%, which was above the level reached before the pandemic. There was also continued growth in international revenues…
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Jun- 2023 -5 JuneAnalysis
Could WHSmith secure Toys R Us’ success through concessions?
After disappearing from UK high streets and retail parks in 2018, Toys R Us has made plans to relaunch this summer across several locations, as well as in the form of concessions in WHSmith branches. The children’s toys retailer exited after falling out of favour due to strong competition from…
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