20-01-2025 08:29 via retailgazette.co.uk

Quiz considers axing a third of stores in survival bid

Quiz is reportedly preparing to close up to a third of its stores in a bid to slash costs and stabilise its struggling business.
The move, led by the founding Ramzan family, could result in hundreds of job losses across the fashion retailer’s store network, which currently consists of around 60 locations and employs approximately 1,500 people.
Quiz has enlisted restructuring experts at Teneo to explore its options, with potential measures including a pre-pack administration or company volu
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