Quiz is an omnichannel fashion brand acknowledged for selling value occasionwear and dressy casualwear, mainly to 18-to-35-year-old women. The emblem became based in 1993, has its headquarters in Glasgow and presently employs around 950 humans.
Via our omnichannel model, we operate via a portfolio of 67 nicely-located stores within the UK and Ireland, the quiz e-commerce website, and via the web sites and physical shops of our 3rd party partners.
Following the onset of the covid-19 pandemic, we took action to safeguard the business to ensure that the organization emerged from the hard buying and selling duration well located to benefit from the restoration in patron demand. This blanketed rebalancing quiz’s 70-robust store portfolio through a pre-pack management deal in 2020, decreasing this to around 60 places with flexible rentals.
We also took motion to reduce quiz’s publicity to UK department shops: at some stage in the year to march 2022 the number of quiz concessions decreased from 119 to 69. In making these adjustments, we had been capable of area extra emphasis at the business’s website and shops, which generate a higher degree of profit for the group, even as continuing to benefit from the extended exposure loved by using the emblem via online 3rd party relationships. We accept as true with that this developed omnichannel model gives massive capability for long-time period growth.
These adjustments have supported a positive economic performance, and sales have step by step extended as social restrictions lifted to go back to pre-covid degrees on a like-for-like basis. We’re thrilled with this robust restoration and are searching forward to keeping this tremendous momentum over the contemporary financial year.
