Over 50% of Topshop Topman Australian stores have closed.

Administrators for the chain have confirmed five out of nine locations have been terminated, including the Topshop Topman flagship site in Melbourne.

Ferrier Hodgson was appointed as voluntary administrator in May.

The company confirmed four remaining stores will continue to trade, as negotations with UK parent company Arcadia Group continue.

It is understood concessions in Myer, which has a 20% stake in the local business, have also closed.

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