Quiz (clothing)
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| Company type | Public |
|---|---|
| LSE: QUIZ | |
| Industry | Fast fashion |
| Founded | 1993 |
| Headquarters | |
Number of locations | 300 (2017) |
Key people | Tarak Ramzan (CEO) Peter Cowgill (Independent Non-executive Chairman) |
| Website | quizclothing quizgroup |
Quiz is a British clothing business founded in 1993 in Scotland.[1] In 2017, it had more than 275 shops in the United Kingdom and more than fifty shops in other parts of Europe and Asia.[2] It is owned by Tarak International Ltd and is headquartered in Glasgow, Scotland.[3]
In 2017 the company became public and floated on the London Stock Exchange.[4] Its chairman is Peter Cowgill.[5] In 2017, it was valued at £245 million.[6]
In June 2020, Quiz announced plans to put its 82 UK and Ireland branches into administration before buying them back, allowing it to renegotiate rents. The move meant 93 jobs would be cut.[7]
On 20 February 2025, it was announced that around 200 jobs are to be lost as Quiz entered administration once again. Five shops are to close across Ireland (in Athlone, Derry, Enniskillen, Newbridge and Tallaght), with its shop in Newry and its concessions in Carlow, Drogheda, Mullingar and Portlaoise to remain in operation.[8] The troubled retail group had been scrambling to secure its future after warning it could run out of cash in the first few months of 2025. The company, which, as of February 2025, runs 62 stores and 47 concessions across the UK, has appointed insolvency practitioner Teneo as administrator to its wholly owned subsidiary, Zandra Retail Limited. Following the appointment of administrators, Orion Retail Limited, another subsidiary of the Company, has agreed to immediately acquire 42 stores operated by Zandra.[9]
References
[edit]- ^ Jarvis, Jacob (21 August 2017). "Quiz store set to open in Leicester's Highcross".
- ^ "About Us". Quizclothing.co.uk. Retrieved 20 July 2017.
- ^ "Quiz Terms and Conditions | QUIZ". www.quizclothing.co.uk.
- ^ Boland, Hannah (20 July 2017). "Quiz to debut on London market next Friday in £200m IPO". The Daily Telegraph. Retrieved 12 August 2017.
- ^ "Quiz Clothing to list on Aim as looks to answer quest for growth". Financial Times.
- ^ "Quiz Clothing soars on IPO to reach £245m market value". Financial Times.
- ^ Partridge, Joanna (11 June 2019). "Monsoon Accessorize, Restaurant Group and Quiz to shut sites". Guardian. Retrieved 11 June 2020.
- ^ https://www.irishtimes.com/business/2025/02/20/new-look-to-close-irish-stores-with-loss-of-almost-350-jobs/
- ^ Fulton, Matthew (20 February 2025). "Around 200 jobs lost as fashion retailer Quiz enters administration". STV News. Retrieved 20 February 2025.
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