diff --git a/CHANGELOG.md b/CHANGELOG.md
index 00985aead..a69bd37c0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,34 @@
 
 All notable changes to this project are documented in this file.
 
+## 1.23.0
+
+**Release date:** 2022-10-20
+
+This release comes with support for Slack bot token authentication.
+
+#### Improvements:
+
+- alerts: Add support for Slack bot token authentication
+  [#1270](https://github.com/fluxcd/flagger/pull/1270)
+- loadtester: logCmdOutput to logger instead of stdout
+  [#1267](https://github.com/fluxcd/flagger/pull/1267)
+- helm: Add app.kubernetes.io/version label to chart
+  [#1264](https://github.com/fluxcd/flagger/pull/1264)
+- Update Go to 1.19
+  [#1264](https://github.com/fluxcd/flagger/pull/1264)
+- Update Kubernetes packages to v1.25.3
+  [#1283](https://github.com/fluxcd/flagger/pull/1283)
+- Bump Contour to v1.22 in e2e tests
+  [#1282](https://github.com/fluxcd/flagger/pull/1282)
+
+#### Fixes:
+
+- gatewayapi: Fix reconciliation of nil hostnames
+  [#1276](https://github.com/fluxcd/flagger/pull/1276)
+- alerts: Include cluster name in all alerts
+  [#1275](https://github.com/fluxcd/flagger/pull/1275)
+
 ## 1.22.2
 
 **Release date:** 2022-08-29
diff --git a/artifacts/flagger/deployment.yaml b/artifacts/flagger/deployment.yaml
index e6bd87b47..41379ea73 100644
--- a/artifacts/flagger/deployment.yaml
+++ b/artifacts/flagger/deployment.yaml
@@ -22,7 +22,7 @@ spec:
       serviceAccountName: flagger
       containers:
       - name: flagger
-        image: ghcr.io/fluxcd/flagger:1.22.2
+        image: ghcr.io/fluxcd/flagger:1.23.0
         imagePullPolicy: IfNotPresent
         ports:
         - name: http
diff --git a/charts/flagger/Chart.yaml b/charts/flagger/Chart.yaml
index 0c19ef51b..78805f57e 100644
--- a/charts/flagger/Chart.yaml
+++ b/charts/flagger/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: flagger
-version: 1.22.2
-appVersion: 1.22.2
+version: 1.23.0
+appVersion: 1.23.0
 kubeVersion: ">=1.19.0-0"
 engine: gotpl
 description: Flagger is a progressive delivery operator for Kubernetes
diff --git a/charts/flagger/values.yaml b/charts/flagger/values.yaml
index 5b1836e86..79d0834d6 100644
--- a/charts/flagger/values.yaml
+++ b/charts/flagger/values.yaml
@@ -2,7 +2,7 @@
 
 image:
   repository: ghcr.io/fluxcd/flagger
-  tag: 1.22.2
+  tag: 1.23.0
   pullPolicy: IfNotPresent
   pullSecret:
 
diff --git a/charts/loadtester/Chart.yaml b/charts/loadtester/Chart.yaml
index c1ef08bc2..e3020248d 100644
--- a/charts/loadtester/Chart.yaml
+++ b/charts/loadtester/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: loadtester
-version: 0.24.0
-appVersion: 0.24.0
+version: 0.25.0
+appVersion: 0.25.0
 kubeVersion: ">=1.19.0-0"
 engine: gotpl
 description: Flagger's load testing services based on rakyll/hey and bojand/ghz that generates traffic during canary analysis when configured as a webhook.
diff --git a/charts/loadtester/values.yaml b/charts/loadtester/values.yaml
index 21485a861..d80566c98 100644
--- a/charts/loadtester/values.yaml
+++ b/charts/loadtester/values.yaml
@@ -2,7 +2,7 @@ replicaCount: 1
 
 image:
   repository: ghcr.io/fluxcd/flagger-loadtester
-  tag: 0.24.0
+  tag: 0.25.0
   pullPolicy: IfNotPresent
   pullSecret:
 
diff --git a/cmd/loadtester/main.go b/cmd/loadtester/main.go
index 4e07c85b2..929e06374 100644
--- a/cmd/loadtester/main.go
+++ b/cmd/loadtester/main.go
@@ -28,7 +28,7 @@ import (
 	"go.uber.org/zap"
 )
 
-var VERSION = "0.24.0"
+var VERSION = "0.25.0"
 var (
 	logLevel          string
 	port              string
diff --git a/kustomize/base/flagger/kustomization.yaml b/kustomize/base/flagger/kustomization.yaml
index ae3522781..6ae115f57 100644
--- a/kustomize/base/flagger/kustomization.yaml
+++ b/kustomize/base/flagger/kustomization.yaml
@@ -9,4 +9,4 @@ resources:
 images:
   - name: ghcr.io/fluxcd/flagger
     newName: ghcr.io/fluxcd/flagger
-    newTag: 1.22.2
+    newTag: 1.23.0
diff --git a/kustomize/tester/deployment.yaml b/kustomize/tester/deployment.yaml
index 1da461538..bb41d756d 100644
--- a/kustomize/tester/deployment.yaml
+++ b/kustomize/tester/deployment.yaml
@@ -19,7 +19,7 @@ spec:
     spec:
       containers:
         - name: loadtester
-          image: ghcr.io/fluxcd/flagger-loadtester:0.24.0
+          image: ghcr.io/fluxcd/flagger-loadtester:0.25.0
           imagePullPolicy: IfNotPresent
           ports:
             - name: http
diff --git a/pkg/version/version.go b/pkg/version/version.go
index 58c9dec29..fb2ef6a3a 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -16,5 +16,5 @@ limitations under the License.
 
 package version
 
-var VERSION = "1.22.2"
+var VERSION = "1.23.0"
 var REVISION = "unknown"