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1. Mytheresa CEO Says Luxury’s Online Shift Growing, Resilient: “We grew our GMV double-digit, we expanded our customer base healthily, our top customer base has become even stronger and all this against an extraordinary growth of 47% in last year’s quarter.” – Read More on PYMNTS

2. European shares slide as weak China data stokes recession woes: Industrial stocks were the biggest drags on the STOXX 600, while luxury firms, which derive a chunk of their demand from China, fell with Louis Vuitton-owner LVMH down 1.3%. – Read More on Reuters

3. Environmental Impact Assessments Could Undermine Sustainable Fashion: “Materials [are] developing rapidly, so impact assessment needs to be done dynamically and repeatedly–it needs to be a continuous and somewhat integrated assessment to guide the R&D process.” – Read More on Forbes

4. How K-Pop Group aespa Is Making the Metaverse Their Home: Like Marvel or DC Comics, SM Entertainment is creating an interconnected world in which all of its artists will exist—with complex backstories, narrative arcs, villain threats, and more. It is still something of a sketch. – Read More on Time

5. Marketing: 44% of Marketers Plan to Run Campaigns in the Metaverse. 57% of marketers of all levels of experience said that ideally leveraging cryptocurrency will be a part of their marketing plans this year. – Read More on BeinCrypto