Retail clothing business Quiz has made its debut on AIM and the placing has raised £102.7 million. £10.6 million of the proceeds will be invested in the business and £92.1 million is earmarked for the selling shareholders. Quiz is a fast fashion business focused on occasion wear for the value end of the market. Headquartered in Glasgow, Quiz has a chain of more than 300 of its own stores, also sells via concessions, franchise stores, wholesales, and sells online in 19 countries. It is headed by founder and CEO Tarak Ramzan.
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