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Gone by Sunday: TopShop and TopMan closing in Lambton Quay

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There’ll be an empty space on Wellington’s Golden Mile next week after the closure of TopShop and TopMan.

The British brand opened in Wellington last November, with overnight queues of shoppers hoping for bargains.

But the business was tipped into receivership on September 7 due to the prospect of mounting losses.

The NZ Herald reports today that the company’s receivers have stated:

“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. We would like to thank the directors of Top Retail for their support, which has enabled gift cards to be redeemed during the receivership trading period, and staff for their commitment since our appointment.”

New Zealand clothing firm Barkers, Christchurch property investor Philip Carter and fashion designer Karen Walker had acquired the rights to own, develop and operate the brand in New Zealand.

2 comments:

  1. ND, 26. September 2017, 19:59

    It seems ‘top’ is no longer the prefix it once was in marketing and political circles.

     
  2. CC, 26. September 2017, 23:19

    That was a short-lived genuflection to a rorting, tax evading God of international business, Sir Phillip Green. Ironically, the Wellington connection was facilitated by the ex-Kirk’s CEO who now argues the case for ratepayers subsidising big business in Wellington.

     

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