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How Nike’s AR hoodie brings the metaverse closer to the street

Inside Retail

The brand recently launched a hoodie designed to be worn with augmented reality (AR) components in real life, and on avatars in virtual environments. Created in partnership with Nike’s Web3 creator studio, RTFKT (pronounced “artefact”), the RTFKT x Nike AR Hoodie begins as a non-fungible token (NFT).

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Fashion and retail are ripe for disruption: The promise of generative AI 

Inside Retail

In the world of fashion, it has been speculated that it could be possible that future designs on the runways of London, Milan, New York and Paris, could come from generative artificial intelligence programs. An article from McKinsey & Co explores this idea in some depth. What’s next?

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Why cryptocurrency crashes are tanking luxury watch prices

Inside Retail

The crypto downturn was sparked by the collapse of the terraUSD stablecoin, which was designed to peg the price of the US dollar on a one-to-one basis through an algorithm, but without the actual cash reserve to back it. Unfortunately, the stablecoin lost its dollar peg, which also led to the collapse of its sister token, Luna.

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