Summary
Fashion retailer Quiz has entered administration for the third time in six years, leading to job losses for 109 employees in Scotland. The company is holding clearance sales in its stores and has closed its online store, citing tough economic conditions and changing consumer shopping habits as main challenges.
Key Facts
- Quiz has entered administration three times in six years.
- 109 staff in Scotland will lose their jobs, affecting the head office and distribution center.
- Quiz currently operates 40 shops in the UK, catering to young, fashion-conscious women.
- Quiz's online store is closed, and stores are running clearance sales without accepting refunds.
- Interpath, the company managing the administration, states that economic challenges and changes in shopping habits are impacting retailers.
- Quiz's concession stands in stores like New Look and Matalan are not part of this administration process.
- Quiz shares were first listed on the London Stock Exchange in 2017.
- The company had also entered administration in 2020 and 2025.
