The American consumer goods conglomerate announced second-quarter profits that beat analysts’ expectations on Thursday, but posted revenues that came in under estimates, despite strong growth in health care and beauty.

Amazon has made history as the first brand in the world to be worth over $200 billion (£153bn), defending its position as the world’s most valuable brand for the third consecutive year.

Fragrance and flavor maker Givaudan said it was confident of delivering like-for-like sales growth of between 4% and 5% this year, within its mid-term target range, implying a slowdown from 5.8% growth last year.

Luxury Brand Partners, an incubator of cult-favorite brands like Becca Cosmetics, Oribe Hair Care and Pulp Riot, said the investment is part of a larger growth plan set to include several new brand launches.

The Vans parent company announced a 5% increase in third-quarter revenue on Thursday, falling short of analysts’ expectations, despite strong growth in China and the group’s digital channel.

English designer Anya Hindmarch has quietly regained joint ownership of her namesake fashion business, after retaking the chief executive position to lead a turnaround.

The sport apparel and equipment retailer has reported that its global sales in 2019 grew by 3.2%, reaching €12.3 billion. Sales for its subsidiary The Athlete's Foot’s grew by 11%.

Aspinal of London has hired financial advisers from KPMG to explore its strategic options if an attempt to sell the business fails to find a suitable buyer.

Multibrand retailer Wolf & Badger has seen a “consistent rise in overall global sales and strong performance from its flagship stores in London and New York” to give it another period of higher full-year revenues.

Asos said it delivered an “encouraging” start to its financial year when it issued a trading update on Thursday, with the four months to December 31 seeing both total group revenue and total group sales up 20%.

Express Inc. revealed it plans to close approximately 100 stores by 2022, in a newly announced corporate strategy -- 'The Expressway Forward'. 

Louis Vuitton said on Wednesday it had struck a partnership with the National Basketball Association, as the luxury goods brand ramps up its efforts to make a splash in the United States. 

The consumer products conglomerate and its ethnic beauty-focused subsidiary have teamed up to launch Emerge, a new brand that aims to empower multicultural Gen-Z women with affordable textured hair care products.

Despite hailing the deal as “a step in the right direction,” GlobalData reports that it will “offer little relief to apparel firms” caught up in the middle of the ongoing trade conflict between the two countries.

Industry veterans including the former CEO of Inditex and the co-founder of Adolfo Domínquez are joining Bimba y Lola's first-ever board of directors. Brand co-founder Uxía Domínquez will act as chair.