Published by Global Banking & Finance Review®
Posted on February 5, 2026
1 min readLast updated: February 5, 2026
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Quiz Clothing has appointed administrators, risking 109 jobs in Glasgow and Bellshill. The online store will close, impacting operations.
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.
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.
(Reporting by Ankita Bora in Bengaluru; Editing by Shailesh Kuber)
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.
Insolvency occurs when an individual or organization cannot meet its financial obligations to creditors as debts become due.
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.
A distribution center is a warehouse or storage facility where goods are stored and then distributed to retailers or customers.
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