26 Sep 2017

Topshop stores to close this weekend

4:52 pm on 26 September 2017

The fashion retail stores Topshop and Topman will be gone by Sunday after no buyers came foward to save the failed stores.

The entrance to the Top Shop store in central Auckland.

Topshop's Auckland store opened in 2015. Photo: RNZ / Todd Niall

The two shops in Auckland and Wellington will close and about 70 staff have lost their jobs.

Receivers McGrathNichol took control of the loss-making shops three weeks ago and said no-one had come foward to buy the business.

The shops are franchise operations of a British chain and were owned by a group including fashion designer Karen Walker and the Barkers menswear chain.

The Auckland shop opened in mid-2015 and the Wellington shop in November last year with hundreds queuing down the street to get opening-day bargains.

The Australian Topshop operations collapsed in May this year owing close to $40 million.

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