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Quiz profit boosted by leap in online sales

Tuesday, 27th November 2018
Fashion retailer Quiz booked a 4% rise in first-half profit after its online sales soared.

Pre-tax profit for the six months through September rose to £3.8m, as revenue improved 19% to £66.7m.

Online sales jumped 44%, overseas sales climbed 16% and UK stores sales rose 9%.

'Quiz has continued to deliver good revenue growth in the first half of the financial year despite challenging external market conditions,'chief executive Tarak Ramzan said.

'This performance was driven by further expansion across each of the brand's distribution channels with particularly strong sales generated online through Quiz's websites.'

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