Topshop – and its menswear sibling Topman – made a loss of nearly £11 million in the year to August 26. 

The revenue fall has been significant too, dropping 6% to £933.6 million from £990 million. 

Topshop owner Arcadia’s parent company, Taveta Investments, have reported a 42% drop in profits and a 5.6% sales fall.