UK vogue chain Quiz on brink of administration as 1,000 jobs in danger

A major UK high street fashion chain is reportedly on brink of collapsing into administration, according to reports by the Telegraph.

The publication reports that womenswear brand Quiz has filed a notice of intention to appoint administrators, putting 1,000 jobs and stores at risk.

Quiz currently has 40 stores in the UK, as well as an online presence, with branches in major cities such as Manchester, London, Newcastle.

The brand also has stores internationally, with locations in Saudi Arabia, Qatar, Armenia and more. However, it is believed that those stores will not be affected.

Should they go into administration, it would be the chains third time in six years.

The reports come just days after Quiz announced “disappointing” Christmas sales. The fashion chain also said it was looking at options, which included new financing and possible store closures.

A Quiz spokesperson told The Telegraph: “We have taken the decision to file a Notice of Intention to provide us the time we need to explore all financing options. In the meantime, [it’s] business as usual.”

Quiz’s future plans come as another high street brand has gone into administration. The Original Factory Shop entered administration in a move that puts the future of its 137 stores and 1,180 staff at risk.

The chain, which sell products including clothing and homeware, appointed administrators from Interpath Advisory on Wednesday (January 28).

Rick Harrison and James Clark from Interpath have now been appointed joint administrators to The Factory Shop Limited, trading as The Original Factory Shop.

Harrison, managing director at Interpath and joint administrator, said: “The Original Factory Shop has long-been a cornerstone of local high streets up and down the country.

“Unfortunately, however, trading challenges have impacted the business such that the Company had to be placed into administration.

“Over the coming weeks, we will be working closely with TOFS dedicated team of employees as we endeavour to operate all stores as a going concern while we assess options for the business.”

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