Quiz clothing eyes £200m IPO to fund fast growth

 
Alys Key
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Quiz has made a name for itself with affordable occasionwear (Source: Quiz Bridal)

Womenswear brand Quiz is understood to be considering an IPO to fund its fast-growing business.

The company has reportedly enlisted corporate broker Panmure Gordon to advise on funding options including a potential £200m flotation on the London Stock Exchange.

If it goes public, the brand will be the latest of its peers in the fast-growing affordable fashion market to make the move, following in the steps of Boohoo and ASOS. Missguided is also thought to be considering a float.

Quiz released a statement saying: “Quiz is a fast growing brand with a number of very exciting growth opportunities. We will always consider all options to deliver the brand’s full and exciting potential.”

Quiz was founded in Glasgow in 1994, and now has 300 outlets including standalone stores and concessions in Debenhams. Last year the company made £87.4m in revenue, an 11.7 per cent jump from £78.2m in the previous year.

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