Quiz has reported group revenue up 19 per cent for the six months to the end of September, despite challenging external market conditions.

The fashion brand’s interim results showed online revenue increased 44 per cent to £20 million, up from £13.8 million in the first half of the year. Online sales now represent 30 per cent of group sales – rising from 25 per cent in the first six months of 2018.

Website sales up 70 per cent and website traffic increased by 58 per cent year-on-year, reflecting effective marketing and improved conversion rates, according to the statement.

The retailer’s active online customer base increased 89 per cent to 495,000 due to “continued positive trends in social media engagement”.

Revenue from UK stores and concessions increased by nine per cent to £35.1 million, up from 32.3 million in the first half. Two further stores and thirteen concessions were opened during the period.

Earnings before tax were up 11 per cent half-on-half to £5.6 million.

Founder and chief executive Tarak Ramzan said: “This performance was driven by further expansion across each of the brand’s distribution channels with particularly strong sales generated online through Quiz’s websites.

“Quiz has a clear customer focus, a proven ‘test and repeat’ model and a dedicated management team,” he continued, adding: “With these strengths, and despite a challenging market environment, the board believes the group is well positioned to deliver long-term profitable growth.”

In October, Quiz issued a profit warning due to lower than expected sales from third-party online partners, poor performance in UK stores and concessions, and a £400,000 provision against outstanding debt linked to House of Fraser’s collapse.

Over the six months to 30 September, the fashion retailer stated earnings would be “no less” than £5.5 million, down £1.5 million on previous expectations.

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