Friday 31st May 2019 — Leading global payments provider Klarna has today announced a new partnership with omni-channel occasionwear brand QUIZ. From today, customers shopping online at QUIZ will be able to benefit from Klarna’s Pay later in 30 days payment option.
Boosting convenience, Klarna’s popular Pay later product allows shoppers to see, touch and try their items before having to part with any money — turning their sitting room into a fitting room. The aim is to give consumers total reassurance that items are exactly what they want and need, without having to part with large amounts of money upfront or wait for lengthy refunds. Shoppers then have 30 days to pay for their items interest and fee-free (always), or return those that aren’t quite right.
Founded in 1993, QUIZ quickly scaled from three stores in Scotland to an omni-channel business with over 300 stores globally. Specialising in occasion wear, the business is renowned for bringing catwalk style looks to the high street at affordable prices.
Luke Griffiths, General Manager at Klarna UK, commented:
“We are delighted to add QUIZ to our ever growing portfolio of retailers in the UK. We know that finding that perfect outfit can take time, which is why Pay later in 30 days is ideal for QUIZ customers. Letting them try things on at home – whether it’s a pair of shoes, a statement outfit for a night out, or a dress for a day at the races – provides them with the ultimate convenient shopping experience and ensures they’re 100% happy, every time they shop.”
Sheraz Ramzan, Chief Commercial Officer of QUIZ, commented:
“Our winning formula of style, quality and service has enabled us to really push the limits of our QUIZ brand. Now, by partnering with Klarna, we can give our customers exactly what they want at the checkout, too: speed, convenience and choice. Revolutionising our approach to purchasing by letting our customers ‘Buy now, Pay later’, empowers them to shop however and whenever they want and will help us ensure our customers remain our brands’ biggest fans. We look forward to seeing the fruits of this new partnership.”
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About Klarna
It’s all about smoooth (yes, with 3 ooo’s). Klarna is Europe’s leading payments provider and a newly-licensed bank, which wants to revolutionise the payment experience for shoppers and merchants alike. Founded in Stockholm, Sweden, in 2005, the fintech unicorn gives online consumers the option to pay now, pay later or over time — offering a trusted, frictionless and smoooth checkout experience.
Klarna now works with 130,000 merchants, including ASOS, Topshop, H&M and JD Sports in the UK, to offer payment solutions to users across Europe and North America. Klarna has 2,500 employees and is active in 14 countries.
About QUIZ
QUIZ is an omni-channel fashion brand, specialising in occasion wear and dressy casual wear. QUIZ delivers a distinct proposition that empowers fashion forward customers to stand out from the crowd.
QUIZ’s buying and design teams constantly develop its own product lines, ensuring the latest glamorous looks at value prices. This fast, flexible supply chain, together with the winning formula of style, quality, value and speed-to-market has enabled QUIZ to grow rapidly into an international brand with more than 300 standalone stores, concessions, franchise stores, wholesale partners and international online partners.
QUIZ operates through an omni-channel, fast fashion business model, which encompasses online sales, standalone stores, concessions, international franchises and wholesale arrangements. As at 11 April 2019, QUIZ had 71 stores and 168 concessions in the UK.
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