Quiz is asking questions about its store strategy after suffering a first-half loss.
The Glasgow-based fashion retailer has asked its chair, Peter Cowgill, and Panmure Gordon, to examine why profit of £1.8m for H1 last year had declined to a £1.5m loss.
Cowgill, the former boss of JD Sports, is expected to further pivot the retailer towards relocated flagship, or “dressy”, locations which have outperformed the broader estate.