Fashion brand Quiz has reported a 35% increase in first half group revenue to £56.1 million as it continues to expand across the UK and in international markets.
In the six-month period to September 30th, online revenue rose by 204% to £13.8 million as the company benefited from a new 180,000 square foot distribution centre, increased marketing spend and wider product ranges.
Quiz’s total international sales increased by 12%, or 10% in constant currency, to £10 million.
Quiz chief executive, Tarak Ramzan said: “We are very pleased with the Quiz brand’s strong growth across target markets and channels with online in particular experiencing continued outstanding momentum.
“Our IPO in July 2017 was a hugely important milestone for the Company as we continue to build the Quiz brand as a global fast-fashion destination for customers who want the latest looks at outstanding value. The Quiz brand has a distinct USP, a strong customer connection and fast-fashion in its DNA. Our customer base is growing strongly and we are confident of delivering further growth.”
