Quiz posts sharp decline in Christmas sales

Omni-channel fashion brand Quiz, for the seven-week period to January 4, 2020 reported 9.3 percent decrease in the group sales. The company said in a statement that while sales across the important Black Friday week remained positive, since that date, however, sales softened relative to expectations.The company continued to deliver growth through its own Quiz websites with revenues increasing by 5.9 percent in the period supported by improved full-price sell-through with less promotional activity than the prior year.