THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Quiz on track for full year

Women’s fashion retailer Quiz has said it is pleased with its performance in the financial year to date and is confident that it will meet market expectations for the full year.

FASHION

Quiz on track for full year

Women’s fashion retailer Quiz has said it is pleased with its performance in the financial year to date and is confident that it will meet market expectations for the full year.

In statement ahead of its AGM, the company said it has seen growth across all channels and that its product range has been well received by customers.

The retailer’s UK stores and concessions performed well in the period despite weaker footfall in April. In addition, Quiz opened new stores at Bluewater and Oxford and is looking for further opportunities to expand its store estate.

Quiz has been operating 11 House of Fraser concessions and selling its products through the department store’s website. Due to House of Fraser's collapse into administration and subsequent purchase by Sports Direct, Quiz is now expecting to provide £0.4 million in the six months to 30 September to cover outstanding debtor balances and other potential costs.

The retailer said it is continuing to invest in its websites and apps. In line with strategy, it is now generating stronger growth through its own websites compared to third-party sites.

Looking ahead, Quiz chairman Peter Cowgill said in his pre-AGM note: “Despite an uncertain trading environment, we believe that the group, underpinned by the strength of the Quiz brand as well as its flexible, omnichannel model, remains well positioned for continued strong growth.

“At this stage, and with important trading periods in the second half of the financial year still to come, the board remains confident that Quiz is on track to deliver market expectations for the full year."

The retailer said its international business is continuing to grow in line with expectations.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process