In Topshop's Oxford Circus flagship store on Thursday evening, there was scant evidence of a company in trouble. In the queues on the lower-ground floor the word recession couldn't have appeared more out of place, with every teen, twenty-something, thirty-something and the rest clutching mounds of skinny jeans (red seemed a particularly popular choice), fake fur coats and sequin-embellished party dresses. Sir Philip Green might have spent the day defending his decision to close up to 260 Arcadia stores, but his Topshop-buying public were still doing their best to keep the company coffers full.