Daily Mirror

ANSWER TO QUIZ SLUMP

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Fashion firm Quiz aims to ramp up its own online sales after half-year profits slumped 11% to £4.2million.

The chain blamed weak takings through third party websites, including House of Fraser.

Founder Tarak Ramzan said it wanted to generate 60-70% of online sales through its own site in future, up from 50% now.

Quiz, which sources 45% of stock from UK factories, has 70 stores of its own and 160 concession­s in the likes of Debenhams and Sir Philip Green’s Outfit shops.

Analysts reckon store sales slumped in recent weeks.

 ??  ?? NOT SO SPARKLING Quiz profits are down
NOT SO SPARKLING Quiz profits are down

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