1. China’s luxury market is starting to make a comeback, per BoA: “Luxury consumption will recover as Covid subsides, mall traffic improves, and consumer sentiment rebounds. We expect to see 2021 sales levels sometime between the first and second half of 2023.” – Read More on Business Insider

2. Major retail players are walking back their metaverse strategies: “One of the biggest challenges was really figuring out the right [key performance indicators] and also just figuring out if there weren’t even implications for many brands when it came to their physical product.” – Read More on Modern Retail

3. Gucci’s latest retail concept is for VIPS only: The brand’s VIP clientele can skip the plebeian store experience altogether and instead book an appointment for Gucci Salon, where the entire space will be merchandised specifically for the individual. – Read More on Fashionista

4. Luxury brands refocusing on China: Interest in eco-conscious lifestyles and business practices has grown in China since 2020, when President Xi Jinping at the United Nations General Assembly announced plans to achieve carbon neutrality by 2060. – Read More on Nikkei

5. Rolex the Trademark Watchdog: “Corporations deal with trademark violations swiftly—even when they are innocuous.” – Read More on the WSJ

6. What are the legal considerations of AI in the trademark licensing industry? One of the ways generative AI can be used is in the development of images of proposed new licensed products based on generative AI system inputs of trademarks, style rules and guidelines, and the desired categories and products. – Read More on The Drum