There, they were refused entry and told to go downstairs to Topman – they tried to explain that they didn’t feel comfortable trying on the dresses amongst men, but the staff were indifferent.

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It had become "apparent that the company was unable to continue to trade due to the losses being incurred".

Topshop and Topman's arrival in New Zealand was much heralded when the first store opened in Queen St, Auckland in early 2015.

Ahead of the Auckland store opening two years ago, Walker told Stuff Kiwis would embrace Topshop because it had the trick of making catwalk designs affordable for ordinary people.

Head of Barkers and also of Top Retail, Jamie Whiting said at the time that a franchise arrangement was good for parent brands like Topshop because they could expand at little risk, while the local owners who understood the market could better execute the strategy.

But the brand's two stores in Auckland and Wellington would remain open until a decision was made about their future ownership, the company's directors said.

Top Retail, the company that holds the licence for Topshop in New Zealand, is a quarter owned by companies connected to fashion designer Karen Walker and Christchurch developer Phillip Carter. READ MORE: ​* Topshop Australia closes five stores, Kiwi business based on same model * Topshop Australia in voluntary administration but NZ stores okay * Topshop confirms new Christchurch store The company employs 70 staff. Today is THE day to get your pesky Christmas shopping done, if you feel like being really prepared. Anyway, without further adieu – here are all the amazing deals and codes you need for this special, special day. A massive new Topshop/Topman has opened on the northside of the city today.The new flagship store in the Jervis Shopping Centre is based around the famous Oxford street store in London.Wellington shoppers were shocked to learn the store was losing money Ruth Delany said: "It's only been open for like a year and there was a lot of anticipation, especially from my friends about Topshop so I'm quite surprised"."I have shopped there a few times, but now I would start to think, what does this mean for Wellington retail, are we seeing a similar trend in terms of David Jones.