QUIZ news and archive

Quiz reports 15 percent drop in sales, warns of loss

As inflationary pressures continue to take hold of UK high streets, it appears that fast fashion retailer Quiz is one of the many struggling to keep afloat as sales for the 2023 summer period took a hit. The company provided an update on trading between April 1 and August 31, during which time its overall sales had dropped by 15.3 percent to 37...

Report

Chloé CMO to step down as Quiz non-executive director

A non-executive director for fast fashion retailer Quiz has announced her intention to step down from the company’s board of directors. Charlotte O’Sullivan was first appointed to the role in July 2017, bringing to the company her already extensive experience in the fashion industry. From July 2007, she had worked her way up in a series of roles...

ManagementFeatured

Quiz revenues grow but cites weak consumer demand ahead

For the year ended March 31, 2023, Quiz Group revenue increased 17 percent to 91.7 million pounds supported by the cessation of all social restrictions leading to increased demand. During the second half, the company expects the trading environment to remain challenging. Reflecting the uncertainty with regards to consumer demand and inflationary...

ManagementFeatured

Quiz posts 17 percent increase in FY23 sales

Fashion brand Quiz has reported that group revenue increased by 17 percent to 91.7 million pounds in the financial year ended March 31, 2023. Gross margins for the year were in line with management expectations and consistent with those recorded in the previous year, the company said. As a result, the group anticipates reporting increased...

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Quiz expects to deliver full year profit in line with expectations

Total sales at Quiz Christmas period increased by 11 percent or 1 million pounds, year on year to 9.8 million pounds. This performance, the company said, reflected strong customer demand for Quiz’s trademark dressy occasion wear in the first Christmas period in three years not impacted by Covid-19 related social restrictions. The board remains...

Business

Quiz to be official style partner of Randox Grand National

Fashion retailer Quiz has been announced as the Official Style Partner of the Randox Grand National Festival for 2023. Set in Aintree racecourse, the three-day event will span from April 12 to 15, with its Ladies Day style competition set to take place April 14. The brand joins House of Cavani, the official partner of The Jockey Club, which is...

ManagementFeatured

Quiz posts H1 profit, sales increase by 37 percent

Omni-channel fast fashion brand Quiz reported revenues increased 37 percent to 49.4 million pounds for the six months ended September 30, 2022. The company said in a release that the results reflect stronger consumer demand for the Quiz brand and softer prior year comparatives as a result of Covid-19 related disruption. Commenting on the interim...

Report

Quiz revenue up 37 percent

British fast fashion brand Quiz has reported revenue of 49.4 million pounds in the six months to September 30. Revenue was up 37.2 percent compared to the same period last year, and was marginally ahead of the board’s expectations The company benefited as shoppers returned to physical stores following the end of lockdown restrictions, with sales...

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Quiz reports jump in FY revenue as social events return

UK fast fashion brand Quiz saw a 97 percent increase in revenue in its most recent financial year as social events returned following the easing of lockdown restrictions. In the 12 months to March 31, group revenue came in at 78.37 million pounds, up from the 39.7 million pounds it reported a year earlier. Quiz was hit hard by the pandemic, both...

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Quiz expects to return to profitability in FY22

Quiz anticipates reporting a return to profitability in FY22 with an EBITDA around 4.3 million pounds and a pre-tax profit around 0.5 million pounds. In a trading update, the omni-channel fashion brand said that the positive sales momentum previously reported by the group during the Christmas trading period continued through the final quarter of...

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Quiz Christmas sales increase 20 percent

Omni-channel fashion brand Quiz reported 20 percent growth in Christmas sales to 8.8 million pounds. The company said, sales growth in the UK stores and concessions was 64 percent to 5.2 million pounds, international sales increased 11 percent to 1.5 million pounds while online sales declined by 26 percent to 2.1 million pounds. The company...

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Quiz returns to positive EBITDA, revenues jump

Omni-channel fashion brand Quiz reported revenue increase of 109 percent to 36 million pounds for the six month period, while underlying operating losses amounted to 1.3 million pounds compared to 5.5 million pounds last year. In a statement, the company said, underlying EBITDA increased to a profit of 0.7 million pounds against losses of 3.3...