1. Coty raises annual profit outlook on resilient luxury demand: Demand for luxury goods has held up as higher prices of everyday essentials have not affected the spending power of the affluent, updates from cosmetics group L’Oreal and Birkin bag maker Hermes have shown. – Read More on Reuters

2. Private Labels Are Flooding Retail: Rising prices, high inflationary pressures, and an uncertain economic environment are forcing many retailers to be creative and introduce new private brands to serve their customers. – Read More on Forbes

3. How Web3 Is Changing Commerce and Governance: Web3’s ability to attach value and incentives to almost every part of human activity has radical implications not only for how businesses engage with their customers, but also for how people can self-organize to drive social change. – Read More on HBR

4. Do Chinese Consumers Want Hyper-Luxury or Hyped Luxury? Offering early or first access to upcoming co-branded products can drive up conversations surrounding their release. – Read More on Jing

5. RETRO READ: As Co-Branding Continues to Prove Effective in China, Here’s What Brands Need to Consider. Through co-branding collaborations, companies have successfully reached more consumers and found new streams of revenue and other mutual benefits. – Read More on TFL