High street fashion chain on the brink as administrators called in
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Fast fashion chain Quiz is facing collapse and has filed a Notice of Intention to appoint administrators, jeopardizing around 1,000 jobs across its 40 stores. This decision follows disappointing Christmas sales and comes as the retailer seeks financial options, including potential store closures. Quiz has previously entered administration multiple times, and the high street is currently struggling with rising costs and other retailers like The Original Factory Shop and Claire’s Accessories also facing similar fates.
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Source: The telegraph The copyright of this article belongs to the original author/organization.
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