POPULAR fashion retailer Quiz has announced its closure of Irish stores – after it fell into insolvency.
Quiz Clothing has shut almost two dozen shops, with closures affecting locations in Ireland, England and Scotland.
Some 191 employees have been made redundant following the immediate store closures.
Irish closures include shops at The Square Tallaght, Dublin, Athlone Town Centre shopping centre, Newbridge, Whitewater shopping centre in Kildare, Erneside shopping centre in Enniskillen and Richmond shopping centre in Derry.
Chief Executive of Quiz, Sheraz Ramzan, said: “The Board took the difficult decision to appoint administrators to Zandra Retail Limited in light of the continuing challenging trading conditions impacting the Group’s performance.
“We are deeply sorry to those affected by the store closures, including our retail colleagues.
“However, this decision will put the business in a more sustainable footing for the future and protect several hundred jobs as a result.”
The fashion giant, who offers catwalk style looks at affordable prices, has appointed insolvency practitioner Teneo to manage its collapse.
Joint administrator at Teneo, Gavin Maher, said: “Although the sale has resulted in the transfer of a number of jobs, it has been necessary to make redundancies.
“We appreciate that this is a difficult and uncertain time for all involved and are communicating appropriately with all employees, customers and stakeholders.”
Despite the closures and job losses, Orion Retail has brought the Quiz brand out of administration.
Bosses said Quiz will continue its stores in Newry and concessions at shops in Carlow, Mullingar, Portlaoise, and Drogheda.
The retailer has faced difficulties for some time noting in December that there was a “significant reduction in revenues.”
The business has already gone through one restructuring in 2020 after going in to administration and renegotiated its rents as lock downs damaged retailers.
Quiz Clothing’s value has plummeted by 50 per cent since the beginning of December 2024.
It comes as New Look announced that it will exit the country, with the loss of 347 jobs.
New Look Retailers Ltd sought to have provisional liquidators appointed yesterday.
The High Court approved that Shane McCarthy and Cormac O’Connor of KPMG Ireland be appointed as Provisional Liquidators over the business and its assets.
It is now set to wind down its operations in Ireland after years of losses and challenging market conditions.
Full list of closed stores
HERE is the full list of shops which have now shut their doors:
- Athlone, Athlone Town Centre shopping centre
- Brighton, Churchill Square
- Bristol, Cribbs Causeway
- Derry, Richmond shopping centre
- Doncaster, Frenchgate centre
- Dundee, Overgate
- Enniskillen, Erneside shopping centre
- Exeter, Princeshay shopping centre
- Falkirk, Howgate centre
- Fareham, Whitley shopping centre
- Glasgow, Forge shopping centre
- Grimsby, Freshney Place
- Liverpool, South John Street
- Maidstone, Fremlin Walk
- Milton Keynes, Silbury Arcade
- Motherwell, Brandon Parade South
- Newbridge, Whitewater shopping centre,
- Peterborough, Queensgate shopping centre
- Preston, Friargate Walk
- Southampton, Westquay Shopping Parade
- Swansea, Queens Arcade
- Tallaght, The Square
- Telford, Telford shopping centre
