Clothing retailer Quiz has seen full-year profits almost entirely evaporate, plunging amid "challenging trading conditions". Clothing retailer Quiz has seen full-year profits almost entirely evaporate, plunging amid "challenging trading conditions". The firm blamed the downturn in profitability on the decline in main street footfall and weakened consumer confidence amid political uncertainty. Quiz said it has now concluded a review process it started in March to analyse how it can "restore profitable growth" amid the volatile trading environment. Following the review, it said there will be "sharper focus" on seizing opportunities for continued online growth.

Source: Irish Independent June 11, 2019 07:05 UTC