The sale of four Arcadia brands to ASOS on Monday was no surprise. But what was a surprise was that no mention whatsoever was made of the future of store jobs at the Topshop, Topman, Miss Selfridge and HIIT businesses.
Quiz reported its interim results on Tuesday and while the company had been struggling for some time, it faced even bigger challenges in the period to the end of September. And the pain has continued since then.
Struggling Quiz released results for the year to the end of March on Tuesday. And while they included only a few weeks hurt by the pandemic, they showed Quiz was already facing challenges before the current crisis.
Under-pressure fashion retailer Quiz Clothing mixed good news with bad on Wednesday and said that it has “made progress with renegotiating the lease arrangements with its landlords for its standalone Quiz stores”.