Skechers Joins The Metaverse, Planning To Open A Store In Decentraland

American footwear firm, Skechers is the most recent model to hop on the metaverse bandwagon. Reportedly, the model has signed a lease in Decentraland’s Style District. Together with this, it has additionally filed a number of worldwide trademark purposes to promote digital items, comparable to footwear and attire. 

Skechers metaverse transfer: What we all know up to now

California-based Skechers is the world’s third-largest sports activities shoe model. The truth is, it surpassed $6.29 billion in income in 2021 and plans to hit $10 billion in annual gross sales by 2026. In its efforts to discover development alternatives within the metaverse, the model has leased a 5,000 sq. foot house in Decentaland’s Style Road Property. Skechers plans to construct an experiential retailer on this digital land. 

“Our Decentraland settlement is an funding in our future,” Michael Greenberg, president of Skechers, stated in a press release. “We stay up for embarking on this digital period, and exploring inventive methods for our model to interact with new prospects and audiences as we launch the brand new Skechers expertise.”

With this transfer, Skechers is becoming a member of a variety of manufacturers which have entered the metaverse. Lingerie powerhouse, Victoria’s Secret, as an illustration, filed a number of trademark purposes with the U.S. Trademark Workplace for digital collectibles and digital items. Apparently, the model is planning to promote digital undergarments, footwear, headwear, eyewear, luggage, and style equipment.

In the meantime, Italian style model Gucci purchased land in The Sandbox metaverse early final month. The designer clothes model will create themed experiences on the platform, taking inspiration from its “Gucci Vault” platform. Moreover, Gucci will launch metaverse-ready style gadgets for Sandbox gamers to make use of within the sport.