Topshop Australia has closed five stores.
Australian retail giant Myer has closed its 17 Topshop concessions as negotiations continue to save the Australian arm of the UK fast-fashion business from total collapse.
Visitors to Myer stores hoping to pick up a Topshop garment this week would have likely been met with scant signage and zero trace of the brand on the shop floor.
At Myer’s Melbourne store, signs pointing to Topshop are still in place on the ground level and there is one signage pillar in the basement, otherwise there is almost no evidence of the brand on the shop floor, which has been filled with other youth brands.
Myer took a 20 per cent stake in the Australian Topsh…
Read the full article at: https://www.stuff.co.nz/business/world/94752577/australian-retail-giant-myer-erases-topshop-concessions-from-stores
