(qlmbusinessnews.com . Fri 6th Feb, 2026) London, UK —
Quiz Clothing Declares Bankruptcy Again: No Refunds for Shoppers as Stores Launch Clearance Sales
The British fashion retailer Quiz has once again found itself in financial turmoil, declaring administration for the third occasion within a span of six years. This latest setback means that 109 employees in Scotland are facing redundancy.
Founded in 1993, Quiz has faced significant challenges over the past year, with notably disappointing sales during the festive season exacerbating its predicament. Despite attempts to stabilise, the retailer's 40 stores and seven concessions across the UK will now embark on clearance sales, with no options for refunds extended to customers. The brand's digital storefront has also ceased operations.
The impending job cuts will primarily affect the company's headquarters in Glasgow and its distribution hub in Bellshill, Lanarkshire. Quiz, which currently employs approximately 565 staff members, has long positioned itself as a go-to fashion destination for “fashion forward females” aged between 16 to 35 years.
Interpath, the restructuring specialist overseeing the administration proceedings, has clarified that Quiz's concession outlets within New Look and Matalan stores are exempt from this process.
In a statement, Interpath pinpointed an array of “strong economic headwinds” faced by Quiz during the last 12 months. These include shifts in consumer buying behaviour, escalated business operational costs, and recent hikes in employment expenses. The evolving landscape has proven challenging for traditional clothiers, particularly with the rise of online, ultra-fast-fashion entities like Shein gaining market ground.
Joint Administrator and Interpath's head for Scotland, Alistair McAlinden, commented on the dire situation, acknowledging the rough commencement to 2026 for UK High Street retailers. McAlinden expressed intentions to continue trading across all physical and certain concession locations in Ireland, with hopes of maintaining operations while exploring future pathways for the business.
Affected employees have been assured of assistance during this challenging transition period. Starting immediately, Quiz’s brick-and-mortar locations are initiating clearance sales. Any purchases made post-5 February are not eligible for return unless deemed faulty. Moreover, the company will not process refunds for online or in-store purchases made before this cut-off date, although exchanges for these items remain possible in-store. Customers awaiting refunds for online returns are advised to seek recourse through their card providers as Quiz will not be issuing further refunds. The use of gift cards and credit notes has also been suspended.
Quiz's journey to the London Stock Exchange in 2017, where it raised over £100 million, now seems a distant memory amid its current struggles. Following its first plunge into administration in 2020, the company faced restructuring, including the closure and subsequent reacquisition of 82 shops within the UK and Ireland, alongside job cuts impacting 93 employees. Its collapse in February 2025 saw a brief resurrection under Orion, a branch of the founding family’s enterprise, salvaging the Quiz brand and a portion of its stores at the cost of around 200 jobs due to other closures. The future of Quiz now hangs in the balance as stakeholders and administrators seek viable options forward for this troubled high street staple.
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