Administrators exploring options for clothing retailer Quiz

High street fashion retailer Quiz Clothing has fallen into administration after experiencing challenging trading conditions over the past year. Administrators from Interpath Advisory are now exploring options for the business, which trades from 40 UK stores and seven concessions in the Republic of Ireland, as well as online.

Quiz Clothing was founded in Scotland in 1993 and has around 565 staff across its estate. Despite experiencing challenging trading conditions over the past 12 months, the company’s sales were said to have been stronger than expected through to the end of September 2025.

However, online and in-store sales fell below expectations during the pivotal Christmas period. The business has also contended with a wide range of economic pressures, including shifting consumer habits and rising costs relating to business rates and employment.

Directors had made efforts to safeguard Quiz's future, including seeking to source funding. However, they ultimately took the decision to place the companies comprising the business into administration when it became clear that no solvent solutions were available.

Alistair McAlinden and Geoff Jacobs of Interpath Advisory were appointed as joint administrators to Orion Retail Limited, Tarak International Limited and Zandra Systems Limited, collectively trading as Quiz Clothing, on February 5 2026. Quiz’s concessions trading from Matalan and New Look stores in the UK are not part of the administration process.

Following their appointment, the joint administrators will continue to trade all of Quiz’s stores and concessions while assessing options for the business, with the majority of its employees retained to assist in trading the business. However, the company’s online store will close and 109 redundancies have been made across its head office and distribution centre.

Joint administrator and Head of Interpath in Scotland Alistair McAlinden commented: "With Quiz the latest retailer to fall into administration, there’s no doubt it’s been a tough start to 2026 for the UK high street.”

"It's our intention to continue to trade all stores and the concessions in Ireland as a going concern for as long as we can while we assess options for the business. We are tremendously grateful for the support of Quiz’s employees and directors who will work alongside us as we trade the business over the coming weeks."

Interpath Managing Director and joint administrator Geoff Jacobs added: "Any parties with an interest in acquiring the stock, store operations and infrastructure of Quiz should contact us as a matter of urgency. We are ensuring that those employees impacted by redundancy are provided with all available support at this difficult time."

In accounts for the year to March 31 2024, Tarak International Limited reported turnover of £38.2 million, down from £42.2 million a year earlier, while pre-tax profits fell from £1.7 million to £352,000.

The company’s fixed assets were valued at £808,000 and current assets at approximately £9 million, while net assets amounted to around £3.5 million.

Orion Retail Limited was incorporated in January 2025 and is yet to file accounts at Companies House, while Zandra Systems Limited has been filing dormant company accounts since 2021.

Despite the significant challenges facing retailers, the UK high street may still offer considerable opportunities to discerning buyers

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