Quiz has posted a drop in half-year sales, as “very challenging” high street conditions saw it endure declining footfall and in-store transactions across the UK.
For the half-year period ending September 30, the fashion retailer reported total group revenues of £63.3 million, which was a five per cent year-on-year decline. Due to a slump in footfall, Quiz said its stores and concessions suffered a sales decline of 11 per cent, coming in at a weaker-than-expected £31.3 million compared to last year’s £35.1 million.
Source: retailgazette.co.uk
