The company, which owns seven retail chains including Dorothy Perkins and Miss Selfridge, collapsed into administration on November 30 with a mammoth pension deficit. Administrators to Redcastle Limited, which owns Topshop's 90,000 square foot estate on 214 Oxford Street, have now appointed Eastdil and Savills to explore a sale of the iconic property. The store remains closed in line with government guidance, with non-essential retailers shut until at least February 22. Eastdil has been hired to oversee the sale strategy for the building, while Savills will advise on future leasing options. Evans will continue to trade online, however all five standalone stores and concession outlets will permanently shut, CCL said in a statement.

Source: Daily Mirror January 05, 2021 14:49 UTC