Quiz clothing goes into administration after £40,000,000 black hole

Quiz clothing has called in administrators after owing more than £40 million to creditors (Picture: Shutterstock)

Clothing brand Quiz has fallen into administration, raising concerns over the future of over 40 stores.

The Glasgow-founded group owed more than £40 million when it called in administrators Interpath.

Quiz has had a high street presence in the UK and Ireland for 33 years and employs 565 staff.

The company has 40 stores across England and Scotland, as w...