A British fashion retailer has collapsed into administration, with its remaining outlets facing imminent closure unless a rescue deal is secured before the end of the month. Quiz fell into administration in February, resulting in more than 100 redundancies after a prolonged struggle on the high street.

Administrators Interpath have stated they will assess whether to keep the 40 surviving stores trading if no buyers emerge by the end of April, according to Retail Week. The options under consideration include further shop closures, additional job losses, or winding up the business altogether, a source told the publication.

Quiz's remaining stores held clearance sales offering discounts of 40% to 70% off original prices.

Customers may only return items if they are found to be faulty, with no cash or credit card refunds available.

Alistair McAlinden, head of Interpath in Scotland and joint administrator, said Quiz is anticipating a bustling Easter period as bargain hunters descend on the shops.

He said: "As we head into the busy Easter trading period, there are bargains to be had in-store for shoppers, with further discounts available on all remaining stock, including some new stock lines added."

It said: "The directors worked tirelessly to explore options to safeguard the future of Quiz, including efforts to source funding."

Interpath previously noted that Quiz "experienced challenging trading conditions", with a dismal Christmas period proving to be the final blow.