The administrators of Quiz Clothing said the remaining 40 shops will be axed after a final sale.
A spokesperson for administrators Interpath said that “there are approximately 360 employees who remain employed and who will be impacted”.
The spokesperson added: “For the 37 Quiz stores which remain operational, a phased closure plan will be implemented over the coming weeks, with all stores anticipated to close during June.
“The timing of particular store closures has yet to be confirmed. Three stores in Castlecourt, Leeds and Romford have now closed.”
Alistair McAlinden and Geoff Jacobs from Interpath were appointed joint administrators to Orion Retail Limited, Tarak International Limited and Zandra Systems Limited, collectively trading as Quiz Clothing in February.
All remaining stores are to close in the coming weeks (Image: Newsquest)
The spokesperson said: “All remaining stock is in the process of being delivered to those stores which remain open and is selling fast.
“Discounts of at least 60% across all items, including dresses, footwear and accessories, are in place with some items priced at only £5 or £10.”
Alistair McAlinden, head of Interpath in Scotland and joint administrator, said: “As we head into the May Bank Holiday weekend, we would encourage shoppers to visit their local store as we commence our final closing down sale.”
Geoff Jacobs, managing director at Interpath and joint administrator, added: “We’d once again like to say a huge thank you to Quiz staff who have shown such dedication and professionalism under difficult circumstances.”
Founded in Glasgow in 1993, Quiz is a high street fashion retailer operating from 40 stores across the UK and seven concessions across the Republic of Ireland.
It was revealed that the high street giant owed more than £40 million when it was placed into administration. The companies linked to Quiz Clothing, and its stores, including 11 in Scotland, were being managed by administrators at the time.
The administrators’ report for Orion Retail Limited shows that in December, sums owed to connected parties of £15.4 million and trade creditors of £6.1 million outweighed debtors at £13.5m – understood to represent sums owed by other group entities – and stock of £6.7m.
Scottish store locations closing:
GATESHEAD – METRO
GLASGOW – BRAEHEAD
GLASGOW – BUCHANAN GALLERIES
GLASGOW – FORT
GLASGOW – ST ENOCH
ABERDEEN
CLYDEBANK
DUNFERMLINE
INVERNESS
IRVINE
LIVINGSTON
STIRLING
