Lack of social events hits demand for party wear at fashion firm Quiz

Fashion retailer Quiz on Tuesday showed how store closures and a lack of demand for party wear has hit sales.

The firm, which has worked with Love Island contestants Joanna Chimonides and Kady McDermott on a clothing line, is among retailers that had to temporarily shut shops at various points during 2020 for lockdowns.

Quiz recorded a 73% drop in revenues to £17.2 million in the six months to September 30.

It made a underlying loss of £3.4 million, compared to a profit of £6.3 million a year earlier.

The firm also suffered due to less demand for occasionwear, as weddings were called off and clubs and bars closed at various points.