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Topshop placed in voluntary administration, with 760 jobs under review25 May 12:53am

Topshop placed in voluntary administration, with 760 jobs under review

The Guardian
Fast-fashion chain considering ‘its optimal operating structure’, with nine stand-alone stores, 17 Myer concessions and online business under review There was much excitement in the fashion industry when Topshop launched in Australia in 2011. But on Thursday, the retailers’ nine stand-alone stores, 17 Myer concessions and online business were all under review as the company was placed in voluntary administration. The fast-fashion chain has 760 employees and annual sales of approximately $90m.
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