Topshop’s administrators are seeking bids of up to £200m as they try to seal a deal before Christmas.
Initial bids are expected to be filed by the end of next week.
Boohoo is seen as the most likely buyer for the brand, having received the backing of Arcadia boss Philip Green. However, Deloitte are expected to review bids from Next, Marks & Spencer, Frasers and private equity group Alteri. Tesco is also thought to be interested.