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.

US clothing and lifestyle brand Abercrombie & Fitch has opened its first store in east London on Spitalfields' Horner Square.

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.

Boohoo Group is exploring a sale of its office building in London's Soho, which it acquired for £72m in 2021, Drapers has learned.

Drapers understands Frasers Group has expressed an interest in a deal with Authentic to take on Reebok’s operations in the UK and Europe, alongside ongoing negotiations about Ted Baker.

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.

US athleisure brand Alo Yoga opened a 10,000 sq ft flagship store on London's Regent Street today (1 August) as it continues its UK expansion.

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.

Next has increased its profit guidance for the full year by £20m to £980m, up 6.7% year on year, driven by better than expected full-price sales in the first half of the year.

Asos has confirmed the departure of Clifford Cohen, executive vice president of technology, who was succeeded by Hugh Williams on an interim basis.