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Quiz asks questions about store strategy

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.

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