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Australian online retailer The Iconic to stock Topshop

The Iconic chief executive Patrick Schmidt wants the e-tailer to become the main seller of Topshop “We are a fast-paced business, so we always prefer to deal directly with the principal of the brand,” he said. Neurologist home loanYou will now receive updates from Daily Life Newsletter Get the latest news and updates emailed straight to your inbox. By submitting your email you are agreeing to Fairfax Media’s terms and conditions and privacy policy . A report released by administrators Ferrier Hodgson jointly blamed the collapse on the Australian franchise operator and its UK parent, Arcadia. Model Hailey Baldwin wears a creation by Topshop at its London Fashion Week show.   The administrators found a number of factors including rapid expansion and poor stock selection contributed to the collapse of the business. Mr Schmidt said having a London-based buyer gave Australian customers access to the best selection of styles. “We are not using a ‘push’ model … We believe you need to be very close to the business and the market and the customer to ensure the best product selection,” he said. Topshop’s product range has made headlines for all the wrong reasons, most recently in April, when it launched a pair of $100, completely see-through, plastic jeans .