Month: April 2022

CFDA brings American fashion to Metavers



American Fashion Designers Council (CFDA) An alliance of digital creative and thoughtful leaders as well as Web3 and First Metavers and NFT have announced partnerships and access to educational programs. With Creative Tips 5Crypto, the Council will work with Sandbox and Polygon Studios to establish a Web3 blueprint for Americans. Metaverse fashion Aiming to educate, innovate and build communities in a digital world.

“This groundbreaking partnership is an opportunity for our organization to initiate the future of our industry and the next wave of trade by providing digital innovation bridging fashions and the next generation of crypto to CFDA members and connecting them to their assets,” the CFDA said in a press release.

American design talent will be driven into virtual spaces to introduce Web3 to a larger consumer segment and provide insights to brands that will allow their community to engage and empower authentically, while establishing new revenue streams. CFDA will also offer members professional development and educational resources, allowing them to gain insights and create opportunities for their business.

“Our goal is to lead our members in fashion and retail global innovation through digitally led strategies to support growth and expansion. With the support of The Sandbox and Polygon Studios, CFDA is ready to educate and empower business leaders for the next generation, “he said. Steven Coleb, CEO of CFDA.

Sandbox, a leading metavers co-founded by Sebastian Borgate and Arthur Madrid, empowers creators to create their own virtual and gamified worlds. Sandbox’s decentralized platform provides endless possibilities for creation and collaboration; Previous collaborators include Snoop Dogg, Gucci, and Adidas.

The initiative also utilizes the gaming hand skills of Polygon Studio, NFT and Etherium Layer-2 Scaling Protocol Polygon. Polygon Studios already works with most of today’s leading Web3 games and NFT projects and has helped multiple luxury brands enter Web3, including Dolls & Gabbana, Bulgari, Prada and Adidas.

This partnership creates an overall path of utility and interoperability that has not yet been explored by the fashion industry. CFDA seeks to bring these dreamers together and connect them with their members and designers, enriching them with the knowledge needed to successfully enter their metavers.

Additional CFDA programming and special projects led by 5Crypto will be announced throughout 2022.

Fibre2Fashion News Desk (KD)

CIT provides funding for the production of US fashion brand Kenneth Cole

CIT, a division of First Citizens Bank, has announced that it has appointed Kenneth Cole Productions, Inc., as chief financial officer for a well-known men’s and women’s fashion brand. This new funding – arranged with the participation of Whitehawk Capital Partners – will be used by the company to refinance existing debt and support future growth opportunities.

Headquartered in New York City and founded in 1982, Kenneth Cole Productions is known worldwide for its fashion products in the footwear, handbag, apparel and perfume divisions.

“With the global epidemic declining, Kenneth Cole Productions is in a good position to grow due to continued consumer spending and demand for branded products,” he said. Andrew Stoko, chief financial officer of Kenneth Cole Productions. “We appreciate CIT’s ability to manage this financing which will help us achieve our strategic business objectives.”

CIT, a division of First Citizens Bank, has announced that it has appointed Kenneth Cole Productions, Inc., as chief financial officer for a well-known men’s and women’s fashion brand. This new funding – arranged with the participation of Whitehawk Capital Partners – will be used by the company to refinance existing debt and support future growth opportunities.

“Kenneth Cole is an internationally recognized brand with strong performance and potential in several product divisions. We are pleased to be able to assist them in arranging this funding,” he said. Chris Esposito, Managing Director and Head of CIT’s Asset-Based Lending Business Group.

Fibre2Fashion News Desk (KD)

Canada’s Biion Footwear enters the Metaverse with NFT shoes

In collaboration with Doodles # 2753, Canada-based Biion Footwear is entering Metaverse by launching two limited edition NFT shoes. The concept and design of this limited collection is derived from the latest collaborative NFT collection ‘Space Doodle’. From this comes Paradise NFT, tokenized as collectible in the polygon blockchain.

The collection includes new NFT Biion trainers, named Biion x NFT Doodles # 2753 Paradise (222 pairs worldwide) and Biion x Doodles # 2753 Classic Paradise (limited edition pairs), the company said in a media release.

Physical shoes to wear in real life with NFT.

In collaboration with Doodles # 2753, Canada-based Biion Footwear is entering Metaverse by launching two limited edition NFT shoes. The concept and design of this limited collection is derived from the latest collaborative NFT collection ‘Space Doodle’. From this comes Paradise NFT, tokenized as collectible in the polygon blockchain.

Doodles is a community-driven collectible NFT project created by Evan Kist, Scott Martin and Jordan Castro, featuring the art of burn toast. Doodles is currently ranked 11th in the world, according to OpenSea’s volume statistics.

The Doodle Paradise collection was released worldwide last week and the original shoes will be delivered to fans in early May.

Fibre2Fashion News Desk (KD)

American fashion innovator Dapper has launched the NFT collection with Dan Gap

American clothing brand Gap has launched a limited edition collection of non-fungible tokens (NFTs) designed in collaboration with fashion innovator and style influencer Dapper Dan. The launch will be based on the gamification of its first NFT launch, which allows customers to create their own NFT collection with several drops at different levels and price points.

Dapper is a prominent cast member of Dan Gap’s Spring ’22 campaign. Close the heels of two special-edition DAP GAP collaboration drops; Gap and Dapper Dan are now taking the partnership one step further by collaborating on a limited-edition NFT collection – also a specially designed DAP GAP ‘Harlem Taylor’ hoodie and a type of varsity jacket — a first-ever NFT partnership. For Dapper Dan, the company said in a media release.

“From analog to metavers: I’m excited to explore this space with Gap and the opportunity to bring the new Hypod Dap Gap hoodie to a whole new audience,” Dan said.

American clothing brand Gap has launched a limited edition collection of non-fungible tokens (NFTs) designed in collaboration with fashion innovator and style influencer Dapper Dan. The launch will be based on the gamification of its first NFT launch, which allows customers to create their own NFT collection with several drops at different levels and price points.

“Gap celebrates personality and what it means to be your true self, and Dapper Dan embodies it exactly – an icon that breaks the mold, creates new individual freedoms and promotes progressive change,” he said. Chris Goble, Gap’s chief product officer. “We are honored to be partnering with Dapper Dan, the first brand in Metaverse.”

The NFT experience began with a digital auction, featuring a single edition digital art designed by Dapar Dan and a special edition physical DAP GAP varsity jacket signed by DAP itself. The experience also included three gamified level drops: Common, Rare, and Epic.

Gap Threads continues to partner with Tezos and Interpop to create a marketplace, using more energy efficient methods to secure its network, allowing it to operate with minimal energy consumption and low carbon footprint.

With Gap’s second venture at Metaverse, the company plans to continue testing and learning at this location. There will be future drops with a commitment to partnership with creators that reflect brand values ​​and push the boundaries of creativity.

Fibre2Fashion News Desk (KD)

Seven innovators have joined the Fashion for Goods Asia Innovation Program

Fashion for Good has announced that seven new innovators have been selected to participate in its 2022 Asia Innovation Program. The nine-month program will provide useful assistance to help participants scale – matching innovators with relevant industry partners to manage piloting, implementation and investment activities.

Selected innovators participating in the Fashion for Good 2022 Asia Innovation Program are Picvisa, Gaiacel, AN Herbals, Fermentech Labs, Sodhani Biotech, Vaayu and UKHI Hemp Foundation.

“We are thrilled to start our third year in Asia and to make a clear impact in the region with these seven new innovations. By providing a platform for them to learn and grow and connect them with industry-leading players, the program allows them to implement their solutions on a supply chain scale, ”he said. Priyanka Khanna is head of Fashion for Good’s Asia expansion.

Fashion for Good has announced that seven new innovators have been selected to participate in its 2022 Asia Innovation Program. The nine-month program will provide useful assistance to help participants scale – matching innovators with relevant industry partners to manage piloting, implementation and investment activities.

Focusing on processing, one of the most influential steps in the value chain, this year’s selection of innovators is developing technologies in Asia with the potential for positive disruption in the region. Innovators are creating unique solutions for dyeing, pretreatment and finishing from plant, forest and agricultural waste, using technologies such as AN Herbals, Fermentech Labs, Gyasel and Sandhani Biotech, Bioprocessing, Nanocellulose and Microorganisms. The remaining innovators present pioneering innovations in raw materials, effects and end-of-use, the UKHI Hemp Foundation seeks alternative materials from flax, tracks the carbon footprint through the value chain and enables Picvisa to recover prices from existing materials, the company said in a press release.

As with previous selections, these innovators gain the support they need to scale based on each inventor’s immediate needs, as well as exposure to corporate partners and industry ecosystem players that are critical to their continued growth and development. Since its inception in Asia in 2020, seven new innovators have marked the third selection of innovators to participate in the Asia Innovation Program, which has supported a total of 28 innovators through this program.

Fibre2Fashion News Desk (RR)

The shortage of luxury watches has led to a booming market

Similar to the industrial market, the watch market is driven by manufacturers and the recent covid-related disruption has affected the production chain. A market dominated by large dealers and auction houses, as well as secondary market participants and no real industry oversight, creates a truly licensed-fair marketplace.

And when it comes to luxury watches, counterfeiters can deceive even the most beautiful eyes, and finding rare timepieces is a challenge. As one of the preferred distributors of luxury watches in the United States, LuxuryWatchesUSA has a diverse online marketplace (as well as a showroom in New York City) with a wide variety of watches from brands such as Rolex, Cartier, Hublot, Breitling, Patek Philippe. And more since they both buy and sell luxury watches, they are able to lead the market with an unparalleled collection of everything from vintage watches to high-end chronographs and more.

With the perfect mix of both modern and vintage timepieces, customers can view their live inventory (appointment required) at their Midtown Manhattan showroom or shop their catalog online. They only sell 100% original luxury watches as well as supported by a refund guarantee, customers can shop for any device and deliver their chosen product to their doorstep with a single tap.

Visitors can shop by brand as well as a special section for ‘Diamond Watches’ as well as a section for ‘New Arrivals’ so that they can always confirm what’s new. They currently have three watches for sale on their website for over $ 7.8 million, including their most expensive Patek Philip 6002R-001 Grand Complexion Watch, which is listed at $ 8,640,000.00.

And if you have an old watch that you are trying to get off your wrist, they offer a free analysis by their team of experts and provide a reliable and unbeatable quote. Shipping the product to LuxuryWatchesUSA as well as free shipping and insurance as well as transferring funds to company owners’ PayPal accounts is a simple three-step process. For sale watches just fill in the initial contact information on their dedicated page and fill in the information and upload photos and their team will analyze and provide a quote. When a price is agreed upon, PayPal transfers begin and a prepaid insured label is sent.

Order 24/7, shop now or place an order online at https: //luxurywatchesusa.com.


Germany’s Adidas Originals will launch Avatar for Metavers 8

Celebrating the arrival of the latest Ozworld collection, Germany’s Adidas Originals has partnered with Ready Player Me to launch its first personality-based AI-generated avatar platform that will allow each unique avatar to freely cross metavars across more than 1,500 apps and games. Users can animate and test their avatars, as well as try digitally and buy sneakers from the collection.

Web Experience encourages users to answer multiple questions – including picking their favorite Ozworld footwear silhouette – to learn more about who they are, championing the essence of personal personality rather than physical appearance. Once this information is shared, the platform will translate the input into a unique digital incarnation that takes aesthetic inspiration from the dynamic visual codes in the collection, the company said in a media release.

Each user will be able to download their Ozworld Alter Ego to place as stickers and GIFs on their social media accounts.

Germany’s Adidas Originals Ready Player will launch its first personality-based AI-generated avatar creation platform in partnership with Me, allowing each unique avatar to freely cross metavars across more than 1,500 apps and games. Users can animate and test their avatars, and try digitally to buy sneakers from the collection.

The experiment was scheduled to launch on April 8, but the company delayed it due to unexpected technical challenges on the Ozworld platform.

Fibre2Fashion News Desk (KD)

Canadian firm SoleSavy has launched SS4 physical and NFT sneakers

Canadian sneaker company SoleSavy has unveiled the SS4, its first real digital and physical sneaker for the real world as well as Metaverse. The company will host SS4 NFT on its site so that customers can mint it directly for 0.18ETH via Metamask or Wallet Connect. NFT can be used to claim physical sneakers.

“Entering Metaverse offers us a unique opportunity to unlock next-generation trading experiences, rewarding the most trusted and enthusiastic sneaker enthusiasts from the start,” the company said in a media release.

All SS4 NFT holders are automatically included in the approved list for all future SoleSavy NFT drops, including new sneaker releases and upcoming PFP projects. NFT holders will also be eligible for merchandise and gifts and to join the Metallink community.

Canadian sneaker company SoleSavy has unveiled the SS4, its first real digital and physical sneaker for the real world as well as Metaverse. The company will host SS4 NFT on its site so that customers can mint it directly for 0.18ETH via Metamask or Wallet Connect. NFT can be used by those who own it until June 15 to claim a physical sneaker

Fibre2Fashion News Desk (KD)

American brand Ralph Lauren will enter BAPE Metavers in Japan

American fashion brand Ralph Lauren and Japanese brand BAPE are ready to enter Metaverse to offer virtual clothing and footwear items. Ralph Lauren recently submitted 9 trademark applications to the US Patent and Trademark Office (USPTO) for the Polo, Ralph Lauren and its polo player logos, and BAPE has partnered with Virtual Streetwear, Gaming, an initiative supported by the Animoca brands MADworld. Token and multi-metavers experience.

Ralph Lauren’s applications cover virtual fashion shows, NFT-supported multimedia, virtual hotels and restaurants, and virtual clothing, footwear, and perfumery. Mike Condoodis, a USPTO licensed trademark attorney and a member of the US Supreme Court bar, shared details of the application on his Twitter account.

Recently, BAPE launched (B) apetaverse, its first non-fungible token (NFT) project, featuring 10,000 unique, high-quality 3D NFTs, BAPE said in a media release.

American brand Ralph Lauren and Japan’s BAPE are ready to enter Metaverse to offer virtual clothing and footwear items. Ralph Lauren recently submitted 9 trademark applications with USPTO for the Polo, Ralph Lauren and its polo player logos, and partnered with BAPE MADworld to provide virtual streetwear, gaming, tokens and a multi-metavers experience.

Fibre2Fashion News Desk (KD)

Off-price fashion will grow faster than the entire market in 2025-2030: study

Off-price fashion segment বিক্রি Sales of high-end branded products at lower prices through online and offline outlets দ্রুত grew faster than the overall fashion market in 2020 and fell even during the epidemic, according to a new McKinsey report, which states that it is likely 2025 and 2030. This will increase five times faster than the overall market.

One of the reasons for this success is the strong online presence of off-price retailers who put their offers in a good position to benefit from the epidemic online shopping boom, the report titled ‘Mastering Off-Price Fashion in an Omni-Channel World’. , Said.

It draws on a global data analysis of the off-price market and a survey of 11,000 consumers in 10 European countries.

Off-price fashion segment বিক্রি Sales of high-end branded products at lower prices through online and offline outlets দ্রুত grew faster than the overall fashion market in 2020 and fell even during the epidemic, according to a new McKinsey report, which states that it is likely 2025 and 2030. This will increase five times faster than the overall market

“Online sales account for 40 percent of the off-price market and they are growing very fast at the moment – about 13 percent annually, [an] On average, ”said Katharina Schumacher, a digital expert and research author.

“These developments create opportunities for fashion companies to reach their customers with new customers who don’t usually consider shopping at full price,” he continued.

European buyers are particularly interested in bargaining. Many consumers in Europe made multiple online purchases last year. In the off-price segment, online sales growth has tripled – the compound annual growth rate has increased from 9 percent in 2020 to 19 percent in 2021.

Annual growth is projected to be 13 percent by 2025. Also, off-price offers fashion brands a sustainable way to sell their surplus stock. General off-price enthusiasts shop online especially for luxury, affordable luxury and premium products, and their purchases on special platforms such as Dress-for-Lace, BestSecret, Brands4Friends or Scars, McKinsey’s press release said.

They care about style and usually start shopping without thinking of a particular brand. But they enjoy price comparisons and spend 2.3 times more on their purchases than other groups of fashion customers.

In Germany, 30 percent of off-price consumers spend more than 1,000 euros a year on fashion purchases and account for 70 percent of total fashion spending. “At the same time, these buyers are basically willing to pay full price for premium and luxury brands,” said Achim Berg, a McKinsey expert in the fashion industry.

Valuable shoppers who visit brick-and-mortar stores often shop younger and more than other fashion consumers. They enjoy going to the outlet centers, but avoid the regular luxury shops in the high shopping districts.

Fibre2Fashion News Desk (DS)