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Clothing & Shoes

Quiz swings to £5.2m loss as cost-of-living crisis hits sales

Following the appointment of Sheraz Ramzan as CEO earlier this year, a turnaround strategy has been put in place with the aim of returning the business to profit

Quiz has swung to a loss of £5.2m in its full-year results, down from a profit of £2.3m the prior year, as cost-of-living pressures impacted sales over the period. For the year ended 31 March 2024, the retailer saw sales fall by 11% to £82m against the £91.7m reported in FY23. 

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