Quiz Clothing Closes Final 20 Stores After Administration

The fashion chain Quiz is set to close its final 20 standalone stores this weekend, marking the end of a business that has traded for over three decades after collapsing into administration. The company will shut its remaining shops by the end of trading on Saturday, June 20, as administrators complete the winding down of the business.

Background of Quiz

Scottish fashion chain Quiz was founded in 1993 and is headquartered in Glasgow. It specialises in occasion wear and dressy casual fashion. According to its website, the company employs more than 1,500 people and has grown into an international brand through standalone stores, concessions, franchises, wholesale and online sales.

Administration Timeline

Quiz entered administration on February 5 after operating 40 standalone stores across the UK. By May 21, it had already closed three sites and confirmed a phased closure plan to shut all remaining fascias by the end of June.

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Interpath Advisory, which is overseeing the administration process, has confirmed that the remaining stores will close no later than the end of business on Saturday.

Statements from Administrators

Alistair McAlinden, head of Interpath in Scotland and joint administrator, told Drapers: "As the Quiz stores close their doors for the final time, we would like to thank every member of staff for their commitment over the past five months. In exceptionally challenging circumstances, their professionalism ensured the business could continue to trade effectively. We are extremely grateful for their efforts and wish them all the best for the future."

Final Sales and Discounts

Bargain hunters can still snap up heavily discounted stock before the final closures, with prices slashed by up to 80% and many products available for under £10.