Quiz Clothing, which has 40 stores and employs around 1000 staff, is widely reported to be seeking new finance following weak trading over Christmas.
Speaking to The Sun, a Quiz spokesperson said: “The shareholders are assessing options available to the business from both internal and external sources.”
“Changing consumer habits, government budget disruption around peak Black Friday trade, cost pressures from business rates and increases in national minimum wage and national insurance have proved challenging as widely reported across the retail sector.”
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