Frasers Group has today (31 May) upped its shares in premium brand Hugo Boss to total €360m (£305m).

Marks & Spencer has announced that Alison Dolan will be joining the board as chief financial officer.

Womenswear brand Phase Eight has opened a new store in Dartford's Bluewater that is 336% larger than its previous unit in the shopping centre.

Fast fashion etailer Boohoo Group announced that its executive team have waived an incentive to pay them bonuses of £1m following discussions with certain shareholders.

Data from the Office for National Statistics (ONS) found that retail sales volumes fell by 2.3% in April as poor weather reduced footfall.

Marks & Spencer reported growth and rising profits across its clothing and home division for the year to 30 March 2024. Drapers examines its strategies.

Marks & Spencer's clothing and home division has reported a 5.3% sales increase on the year, with adjusted operating profit increasing 21% from £323.8m in 2022/23 to £402.8m in the 52 weeks ending 30 March 2024.

Superdry has detailed its restructuring plan, which includes reducing its "cost-onerous" international store footprint, veering away from discounting and de-listing from the London Stock Exchange in a bid to avoid going into administration.

Group sales at luxury group Richemont – owner of Yoox Net-A-Porter (YNAP), Chloé, Alfred Dunhill, Lancel among others – were up for the year to 31 March 2024, however losses incurred through YNAP amounted to €1.5bn in the period.

Luxury womenswear designer Roksanda Ilinčić has sold her eponymous label to Damian Hopkins owned The Brand Group.