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Quiz clothing administration news

quiz clothing administration news — GB news

Quiz Clothing, a high street giant, has collapsed into administration for the third time in six years, owing over £40 million and facing potential store closures. The company operates 40 stores in the UK, including 11 in Scotland.

Key facts:

  • 109 redundancies were made at the Glasgow head office and distribution centre at the point of administration.
  • Interpath Advisory was appointed as the administrator for Quiz Clothing in February 2026.
  • The administration trading period is anticipated to last until mid-May 2026.
  • No offers have been received for the company’s business on a going concern basis.

The company has been trading for 33 years but faces significant challenges. Its debt includes £15.4 million owed to connected parties and £6.1 million to trade creditors for Orion Retail Limited. Additionally, Zesta Ventures Limited is owed approximately £6 million by the group. CEO Sheraz Ramzan stated, “The board took the difficult decision to appoint administrators to Zandra Retail Limited in light of the continuing challenging trading conditions impacting the Group’s performance.”

A stock clearance sale commenced immediately across all stores after the administration announcement. Gift cards and credit notes are unable to be honoured due to the administration. Officials have not confirmed when or if any of the 40 stores will close.

A decision regarding the fate of Quiz Clothing’s stores is expected within days as uncertainty looms over its future.