Retailer QUIZ's profit tumbles as UK high street remains 'very challenging'
Share:
(Reuters) - Fast fashion retailer QUIZ Plc on Wednesday reported a plunge in half-year earnings and said it was exiting loss-making concessions, as it faces persistently challenging conditions on the UK high street.The company said underlying pretax profit sank to 0.6 million pounds for the six months ended Sept. 30 from 4.2 million pounds a year ago, as trading conditions on the UK high street remained "very challenging".QUIZ, with 73 stores and 171 concessions in the country, said it had the..