Fast fashion brand Quiz stumbles as people shop less on the high street
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(Reuters) - Fast fashion chain Quiz Plc reported a 5% drop in half-year revenue on Friday, blaming challenging conditions on the British high street which has been hobbled by declining shopping traffic.Britain's retail industry has been hurt by weaker consumer demand and Quiz has had to resort to deep discounts to clear inventories, denting profit margins."Trading conditions on the UK high street have remained very challenging. The group's stores and concessions have experienced a reduction in..