After the luxury fashion brands like Gucci, Balenciaga, Etro, and Dolce & Gabbana, beauty brands are embracing the metaverse and Web3 space.
In 2019, Sephora announced a partnership with 24 diverse influencers to create content centered on the brand’s mission.
L’Oréal is foraying into the web3 and metaverse with innovative ideas that can reshape the beauty industry and plans to accelerate towards an on-chain model.
After the luxury fashion brands like Gucci, Balenciaga, Etro, and Dolce & Gabbana, beauty brands are embracing the metaverse and Web3 space.
In 2019, Sephora announced a partnership with 24 diverse influencers to create content centered on the brand’s mission.
L’Oréal is foraying into the web3 and metaverse with innovative ideas that can reshape the beauty industry and plans to accelerate towards an on-chain model.
Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.
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