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Ragtrader can reveal there have been 18 redundancies at Topshop Australia, as administrators resize the business.

Administrator Ferrier Hodgson is currently working with Topshop owner Arcadia to convert the Australian business into a sustainable platform going forward.

For more exclusive insights into the administration, and which creditors have been hit hardest, pick up Ragtrader's July edition.

Topshop Australia appointed administrators in May amid mounting debts.

The business operates nine stand-alone stores, 17 Myer concessions and an online business in Australia.

Austradia separately owns and operates Topshop/Topman's Australian franchise, which opened locally in 2011.

Topshop currently employs over 700 staff and has annual sales of approximately $90 million.

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