QUIZ to open debut Leicester store at Highcross
Fast fashion retailer QUIZ has signed a lease for a new store in Leicester's Highcross centre; the 279sqm store will be its first in the city.
The store will be located in the upper east mall of the Hammerson-owned centre and will house the brand's full range of fashion, footwear and accessories.
QUIZ, which made its debut on London's junior stock exchange AIM on Friday, has promised an ambitious retail roll-out in the next two years with 20 new stores and 20 new concessions. It already operates 72 standalone stores and 160 concessions in the UK and Republic of Ireland and is present in 19 countries through 65 franchised stores, wholesale accounts and international online partners.
Chief executive Tarak Ramzan said: "We are excited to be opening our first Leicester store in Highcross. The new opening will increase the QUIZ presence in the East Midlands and we are confident that Highcross, with its broad range of retailers and leisure opportunities, will complement our existing estate.”
Hammerson UK commercial director Iain Mitchell added: "The signing marks another brand looking to take space at Highcross, following the exciting news of both Zara and JD Sports upsizing to new flagship stores, reinforcing the centre’s position as the region’s premier retail and leisure destination.”
QUIZ shares began trading on AIM on Friday morning at an opening price of 161p, giving the business a market capitalisation of £200m. It had a successful first day's trading with shares rising by 20% valuing the business at £245m, as reported by the Financial Times.
