Home Metaverse Gucci appointed a Metaverse director. Should luxury follow his instance?

Gucci appointed a Metaverse director. Should luxury follow his instance?

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Gucci appointed a Metaverse director.  Should luxury follow his instance?

Source: jingdaily.com

Just 10 years ago, the roles of “Head of the Metaverse” or “Director of the Metaverse” were inconceivable. Now, they have permeated the boardrooms of leading luxury companies around the world. As Web3 continues its unprecedented, and somewhat unproven, trajectory, conversations that were once hushed are now openly on the lips of leading fashion and luxury lifestyle moguls.

“The way that Web3 is revolutionizing the luxury and fashion industry is fundamental – it’s not just another channel to sell the products, like e-commerce or Instagram,” says Eliana Kuo, co-CEO and founder of circular retail platform Web3. Web3, Spin by Lablaco. “It will radically change the way products are designed, produced, sold, consumed, used and reused, eventually formulating an ecosystem with new…

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