Quiz shares plunge after fresh profit warning

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The retailer, promoted by star's of TV's TOWIE, pointed to worse than expected trading in its network of UK stores.

Shares in fashion retailer Quiz have collapsed by 50% after it warned on profits for the second time this year amid an"uncertain consumer spending backdrop".

Online sales grew by 16.2% but it was not enough to offset the high street gloom and means full year revenues will be even worse than predicted when it issued a previous warning in January. Quiz said:"During the period, the uncertain consumer spending backdrop has remained challenging for Quiz.

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Never heard of them, if they have models like the one on the righ then good riddance

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