1. Chief Metaverse Officers Are Getting Million-Dollar Paydays. Do you need one? Disney, P&G, LVMH and other big names have invested in chief metaverse officers to plot a course through the next chapter of the internet. – Read More on Bloomberg
2. Walmart’s Social Commerce Shift Lowers Walls Between Physical, Digital Retail: The shift to social is deeply rooted in connectivity and experiences that engage consumers, inspire them to be a part of something bigger and ultimately get them to buy — either in the moment online, or later on in-store after a digital inspiration. – Read More on PYMNTS
3. The top three retail and e-commerce trends set to shape 2023: Shoppers expect e-retailers to provide a sophisticated, personalized shopping experience. In contrast, personalization is not as big a deal offline. – Read More on the Drum
4. Fashion Workers Act would mandate labor protections for models, fashion industry: If signed into law, the legislation would mandate companies accept legal responsibility to act in the best interests of their hired talent, provide proper notifications about contract renewals, copies of agreements and would require agencies cap commission fees to 20% of a model’s pay. – Read More on Spectrum News
5. E-commerce is booming in B2B. But some brands in that space remain reticent to jump in fully: Before the Covid-19 pandemic, Forrester estimated the US B2B e-commerce market could reach $1.1tn, accounting for more than 12% of B2B sales by 2020. – Read More on the Drum