{"id":4510,"date":"2022-01-11T13:51:50","date_gmt":"2022-01-11T13:51:50","guid":{"rendered":"http:\/\/egrowonline.com\/?p=4510"},"modified":"2022-01-11T13:51:50","modified_gmt":"2022-01-11T13:51:50","slug":"blockchain-and-nfts-are-smart-but-can-they-revolutionise-the-fashion-industry-technology","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4510","title":{"rendered":"Blockchain And NFTs Are Smart, But Can They Revolutionise The Fashion Industry? – Technology"},"content":{"rendered":"


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\n United States: <\/span>
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\n Blockchain And NFTs Are Smart, But Can They Revolutionise The Fashion Industry?
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11 January 2022 <\/p>\n


\n Duane Morris LLP \n <\/p>\n<\/p><\/div><\/div>\n

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\n To print this article, all you need is to be registered or login on Mondaq.com. \n <\/p>\n

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Following the worldwide disruption in retail due to COVID-19,
\nsales of luxury goods are expected to grow as much as 25% in 2022.
\nMuch of this growth has been driven by e-commerce, with online
\nsales totalling 23% of all luxury sales in 2020. Meanwhile,
\nconsumer sustainability demands have driven growth in luxury resale
\nor rental markets, now worth an estimated $36 billion, while brands
\nhave expanded their reach into the brave new digital territory of
\nthe metaverse \u2013 the overlapping digital spaces in which we
\nincreasingly work, play, and consume.<\/p>\n

Yet luxury’s digital embrace has been hampered by a
\nconcomitant rise in counterfeit goods in the physical and digital
\nworlds.\u00a0\u00a0Is blockchain the solution?<\/p>\n

To read the full text of this article co-authored by Duane
\nMorris attorneys\u00a0Cindy Yang<\/a>\u00a0and\u00a0Kelly Bonner<\/a>, please\u00a0visit the Multilaw website<\/a>.<\/p>\n

Disclaimer:<\/em><\/strong> This Alert has been
\nprepared and published for informational purposes only and is not
\noffered, nor should be construed, as legal advice. For more
\ninformation, please see the firm’s<\/em>
\nfull disclaimer<\/a>.<\/em><\/p>\n<\/div>\n<\/div>\n

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POPULAR ARTICLES ON: Technology from United States<\/p>\n

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Klein Moynihan Turco LLP <\/p>\n

An ever-increasing number of celebrities, athletes and artists are commercializing their own NFTs (short for non-fungible tokens)<\/p>\n<\/p><\/div>\n

\n Banking Litigation To Watch In 2022<\/a><\/p>\n

Pryor Cashman LLP<\/p>\n

Law360’s Jon Hill recently sat down with some of the banking industry’s litigation leaders on recent developments, case law, and what to expect as we approach an uncertain 2022. <\/p>\n<\/p><\/div><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

United States: Blockchain And NFTs Are Smart, But Can They Revolutionise The Fashion Industry? 11 January 2022 Duane Morris LLP To print this article, all you need is to be registered or login on Mondaq.com. Following the worldwide disruption in retail due to COVID-19, sales of […]<\/p>\n","protected":false},"author":1,"featured_media":840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[73,27,1632,502,3406,1242,902],"class_list":["post-4510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-blockchain","tag-fashion","tag-industry","tag-nfts","tag-revolutionise","tag-smart","tag-technology"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2021\/12\/Mondaq_Share.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4510"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4510\/revisions"}],"predecessor-version":[{"id":4511,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4510\/revisions\/4511"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/840"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4510"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}