Zacks Quality International ETF

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QUIZ

<p>Fast fashion chain Quiz is facing collapse and has filed a Notice of Intention to appoint administrators, jeopardizing around 1,000 jobs across its 40 stores. This decision follows disappointing Christmas sales and comes as the retailer seeks financial options, including potential store closures. Quiz has previously entered administration multiple times, and the high street is currently struggling with rising costs and other retailers like The Original Factory Shop and Claire’s Accessories also facing similar fates.</p>

The telegraph

High street fashion chain on the brink as administrators called in

<p>The fast fashion chain Quiz is seeking rescue financing after disappointing Christmas sales, facing challenges from rising costs and competition from Chinese e-commerce giants. The company, which has over 40 stores and around 1,000 employees, is exploring options including new financing and potential store closures. This comes after a tumultuous year, including previous store closures and a return to private ownership. Retailers are struggling with increased costs and changing consumer habits, leading to a wave of difficulties in the sector.</p>

Fashion chain seeks lifeline as gloom grips high street

Zacks Quality International ETF(QUIZ.US)

High street fashion chain on the brink as administrators called in

Fashion chain seeks lifeline as gloom grips high street