Quiz continues to face difficult trading as UK retail stays challenging at best. And while the firm’s Spanish ops are doing well, its Irish business seems to be suffering from the same issues as it’s facing in the UK.
The cosmetics subscription service revealed on Thursday that it has achieved over $500 million in revenues, and unveiled a suite of updated services for its customers, including new personalization options.
It’s encouraging when a retailer reports sales up in high single-digits over Christmas as Quiz did on Friday. But it wasn’t quite the good news it seemed as there was a mild profit warning and talk of heavy discounting.