Topshop's owners may go into administration
The future of the company that owns the likes of Topshop and Wallis hangs in the balance this morning.
There's fears the company may go into administration unless restructuring plans are accepted by companies it owes money to.
Arcadia - which also owns the likes of Miss Selfridge and Dorothy Perkins - needs 75 percent of its creditors to back the deal.
If the plans are accepted, six Irish stores could close - including the Topshop store on St Stephen's Green.
