Summary

  • Games commerce platform Xsolla has partnered with digital fashion and virtual entertainment firm Altava to integrate luxury fashion IP into games.
  • As part of the collaboration, developers will be able to access a dedicated marketplace featuring 3D fashion experiences, avatar customisation and branded content from leading luxury brands.
  • French luxury giant LVMH-backed Altava’s portfolio includes more than 3,000 3D fashion assets which can be used across virtual platforms.
  • The companies will also collaborate on “digital-to-physical” activations allowing users to purchase physical merchandise through Xsolla.
  • Demand for digital fashion is set to hit $50bn by 2030, according to Morgan Stanley, as the metaverse and avatar-based commerce drive increased personalisation.

By Dean Takahashi

Original Article