Quiz caught in fashion downturn

Cyprus Image copyright Quiz Image caption Quiz launched a collect in collaboration with Love Island’s Gabby Allen

Fast-growing fashion retailer Quiz has induced its second profit warn in three months.

It now expects to construct PS8. 2m, down from cost estimates of PS11. 5m constructed in October.

Quiz targets 16 to 35 -year-old “fashion forward females”. Last year it launched a new collection with Love Island finalist, Gabby Allen.

Glasgow-based Quiz was founded in 1993 and has 70 stores and 148 concessions across the UK, as well as dozens of dealerships overseas.

It has outlets in the Republic of Ireland, Saudi Arabia, Malaysia, Singapore, United Arab Emirates, Cyprus, Egypt, Georgia and Pakistan.

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