1 month, 1 week ago
Quiz plunges after warning over need for extra funding
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fashion chain Quiz has plunged in value after warning it could need urgent funding in the coming months following poor sales. The retailer, which runs 62 UK stores and 47 concessions, said it saw a “marked decline” in demand in its stores and online last month – a key trading period. Quiz also revealed that it expects to face £1.7 million in extra costs next year due to the autumn Budget, which will push its National Insurance payments higher.
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