Retailer QUIZ's profit slumps; to shut more stores
Share:
(Reuters) - Fast-fashion retailer QUIZ Plc reported a plunge in half-year earnings on Wednesday and said it would shut additional loss-making smaller stores, as the retail sector in the UK struggles with sluggish demand. The company's shares, now worth less than one-tenth of their value when they listed in 2017, dropped 16% on London's junior market AIM by 0811 GMT. QUIZ said it has already shut seven concessions, with other closures planned after the key Christmas sales season. The company,..