Brands

British heritage menswear brand Ben Sherman has returned to the UK high street with the openings of two flagship stores in Brighton and London's Soho as part of its expansion plans, Drapers can reveal.

Danish fashion brand Ganni closed its UK office late last month, affecting up to 50 roles, as it looks towards Paris "as a global platform for the brand", Drapers can exclusively reveal.

US sportswear brand Under Armour posted an operating loss of $300m (£235m) for the quarter to 30 June 2024, as North American and direct-to-consumer sales dropped.

Manchester-based sportswear brand Castore has signed a 10-year lease for a 1,771 sq ft retail unit in Derby's Derbion shopping centre in the East Midlands.

VF Corporation, which owns Vans, The North Face and Timberland, said it is on track to deliver cost savings and return to growth after posting an operating loss of $239.9m (£188.9m) for the three months to 29 June.

British clothing and lifestyle brand Seasalt has reported a 146% rise in operating profit to £7.9m for the year to 27 January, driven by strong store sales and new openings across the UK and Ireland.

German premium fashion brand Hugo Boss has posted a 42% drop in operating profit to €70m (£59m) in the second quarter, two weeks after it lowered its annual sales and profit forecasts due to weakening consumer demand.

Adidas has almost trebled its operating profit year on year for the first six months of 2024, and doubled its profit guidance. 

The London Fashion Week designer David Koma has been appointed creative director of Italian fashion house Blumarine.

Danish fashion brand Ganni has appointed former Net-A-Porter and Belstaff CMO Sheena Sauvaire to the role of interim chief brand officer, Drapers can exclusively reveal.