Topshop to close THIS SUNDAY

scandal 26/09/2017

Topshop and Topman in Auckland and Wellington will close by Sunday after receivers couldn't find a buyer for the retailer.

Top Retail operates NZ's two Topshop and Topman branded stores and was tipped into receivership earlier this month.

Conor McElhinney and Kare Johnstone of McGrathNicol said in a statement that "after conducting a detailed assessment of the business and following conclusion of a sale process for the business and assets in whole or in part", the stores would close after October 1, but could close earlier if they run out of stock.

EG ON SUNDAY. THIS SUNDAY.

"It is with regret that we have had to inform staff today that the business is unable to continue trading and that Topshop and Topman will no longer have a presence in New Zealand from Sunday," the receivers said. 

Top Retail launched the in New Zealand in 2014.