Quiz Christmas sales slump in ‘disappointing’ festive performance

Quiz 3186

The fashion retailer posted a 9.3% decline in group revenue in the seven weeks to January 4.

Quiz’s sales across its store and concessions fell 7% during the period – which the business attributed to ongoing declines in footfall – while online sales declined 14.8% year on year.

This decline was exacerbated by the retailer’s decision to slash unprofitable third-party supply partnerships early this year with online marketplaces such as Zalando.

 

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