Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > UK's Quiz Clothing appoints administrators, risking 109 jobs
    Finance

    UK's Quiz Clothing appoints administrators, risking 109 jobs

    Published by Global Banking & Finance Review®

    Posted on February 5, 2026

    1 min read

    Last updated: February 5, 2026

    The image depicts the logo of Norway's Sovereign Fund, which plans to divest from Israeli companies due to the ongoing humanitarian crisis in Gaza. This decision reflects ethical investment practices and highlights the fund's significant influence in global finance.
    Norway's sovereign fund logo reflecting divestment from Israeli stocks amid Gaza conflict - Global Banking & Finance Review
    Tags:retail tradejob creationfinancial crisiscorporate governance

    Quick Summary

    Quiz Clothing has appointed administrators, risking 109 jobs in Glasgow and Bellshill. The online store will close, impacting operations.

    Table of Contents

    • Quiz Clothing's Administration and Job Losses
    • Background on Recent Insolvencies
    • Impact on Employees and Operations

    Quiz Clothing Enters Administration, Putting 109 Jobs at Risk

    Quiz Clothing's Administration and Job Losses

    Feb 5 (Reuters) - British fashion retailer Quiz Clothing has appointed joint administrators, a move that will close its online store and cut 109 jobs across the company's Glasgow head office and Bellshill distribution centre, Interpath Advisory said on Thursday.

    Background on Recent Insolvencies

    The retailer's insolvency follows that of discount chain The Original Factory Shop, which entered administration last month, putting about 1,180 roles at risk.

    Impact on Employees and Operations

    (Reporting by Ankita Bora in Bengaluru; Editing by Shailesh Kuber)

    Key Takeaways

    • •Quiz Clothing has entered administration.
    • •109 jobs are at risk in Glasgow and Bellshill.
    • •The online store will be closed.
    • •Interpath Advisory is handling the administration.
    • •Follows recent insolvencies in the UK retail sector.

    Frequently Asked Questions about UK's Quiz Clothing appoints administrators, risking 109 jobs

    1What is administration?

    Administration is a legal process where a company is unable to pay its debts and appoints administrators to manage its affairs, often leading to restructuring or liquidation.

    2What is insolvency?

    Insolvency occurs when an individual or organization cannot meet its financial obligations to creditors as debts become due.

    3What is a joint administrator?

    A joint administrator is a professional appointed to manage the affairs of a company in administration, often working alongside another administrator to oversee the process.

    4What is a distribution center?

    A distribution center is a warehouse or storage facility where goods are stored and then distributed to retailers or customers.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for Factbox-How Glencore and Rio Tinto's core assets stack up
    Factbox-How Glencore and Rio Tinto's core assets stack up
    Image for Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Image for World Economic Forum investigates its CEO over Epstein links
    World Economic Forum investigates its CEO over Epstein links
    Image for Italy's Enel reports 2025 core profit in line with guidance
    Italy's Enel reports 2025 core profit in line with guidance
    Image for Spain's Sabadell names TSB's Armengol as new CEO, replacing Gonzalez-Bueno
    Spain's Sabadell names TSB's Armengol as new CEO, replacing Gonzalez-Bueno
    Image for BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
    BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
    Image for Shell weighing Venezuela offshore investments worth billions of dollars, CEO tells CNBC
    Shell weighing Venezuela offshore investments worth billions of dollars, CEO tells CNBC
    Image for Italy's Banco BPM beats FY profit on stronger fee income
    Italy's Banco BPM beats FY profit on stronger fee income
    Image for Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    Ukraine says Starlink terminals used by Russia deactivated in blow to Moscow
    Image for Novo Nordisk CEO: Hims' $49 compounded Wegovy pill a 'waste' of money
    Novo Nordisk CEO: Hims' $49 compounded Wegovy pill a 'waste' of money
    Image for Exclusive-ECB to open up liquidity line to more countries in push for bigger euro role - sources
    Exclusive-ECB to open up liquidity line to more countries in push for bigger euro role - sources
    Image for Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
    Novo Nordisk to take legal action against Hims & Hers for Wegovy compounding
    View All Finance Posts
    Previous Finance PostProposed UBS regulation targeted and focused, says Swiss banking supervisor
    Next Finance PostRio, Glencore abandon merger talks for the third time