The global metaverse market is expected to reach $1.5 trillion in 2030, . PARIS, April 21 (Reuters) - Bernard Arnault, the head of luxury giant LVMH (LVMH.PA) said on Thursday his business empire was eying expanding into the digital "metaverse", but stressed that the company still wants to sell "real products". Her surprise appearance on the brand's Weibo account . The social network app creates a parallel online universe, where people can meet up, chat and join events in real-time, but through avatars instead of in the real world. Meet LVMH's First Metaverse Ambassador Tatler Taiwan - Pameyla Cambe 10h Resembling a TikTok star, this virtual character will be LVMH's spokesperson for tech, cryptocurrency and NFTs Despite its owner's reservations about Interviews with Quentin Desurm. Ambassador Fu is from Suqian, Jiangsu province, the hometown of Richard Liu, founder and Chairman of JD.com. During the conglomerate's earnings call in January, LVMH chairman Bernard Arnault shared the company's wait-and-see approach to digital 3D worlds and products: "We have to see what will be the applications of the metaverse and NFTs. Brands are investing, from Gucci and Balenciaga to Nike, Vuitton and Moncler. NFT . . The maximum price has been set at 950. The program has been set to run for 18 months. A highlight of the four-day event was the LVMH . Read More. Max Mara has been in pursuit of Italian quality and craftsmanship since 1951, the year Achille Maramotti established the brand, with collections such as Studio, 'S Max Mara, Cube and Leisure being developed to match modern classic women's styles. ALTAVA - Customizable digital solutions for brands to appear in the metaverse. April 7, 2022 L VMH Mot Hennessy Louis Vuitton, the most valuable company in Europe as of 2021, created a metaverse ambassador to host their annual Innovation Award competition at the Viva Technology conference. LVMH has created its first virtual ambassador. . Virginia Mijes is a 25+ year veteran in the technology sector with extensive international experience. THE DETAILS The female virtual character as yet has no name, and has gray-blue eyes with a wavy brown bob. LVMH sales growth slows as Europe, US gains fail to offset China lockdowns. This month, the Spanish luxury house announced singer-songwriter HyunA (Kim Hyun-ah) as its newest global brand ambassador, joining other young celebrities who are a little off the beaten path . In January 2022, LVMH appointed former Sephora executive Nelly Mensah as LVMH's vice . LVMH's newly revealed virtual ambassador is an accessible way for LVMH to test the waters of the metaverse. LVMH Already Has a Metaverse Ambassador The luxury conglomerate has created a virtual character to present its brand innovations at the next edition of the Viva Technology conference. Since 2018, la Maison des Startups LVMH has generated over 285 collaborations with Maisons. LVMH showcased the award winners, finalists, start-ups from previous editions plus innovative solutions, activations and world premiers from its own Maisons at an onsite pavilion space within the show ground. Morgan Stanley explains that it will generate 50 billion out of 415 in ten years. . Here is the season 7 line-up, selected for their ability to work with LVMH's Maisons on 6 strategic topics: 3D & Virtual Product Experience. LVMH presenta Livi, la sua nuova ambassador virtuale. The London-based start-up was given a double crown during the VivaTech . While announcing the latest earnings call, the chief financial officer at . Customers may enjoy special rate offered by JD.com if they want to deliver packages to Suqian, the ambassador happily mentioned his experiences. Meet LVMH's First Metaverse Ambassador Tatler Taiwan - Pameyla Cambe 16h Resembling a TikTok star, this virtual character will be LVMH's spokesperson for tech, cryptocurrency and NFTs Despite its owner's reservations about Like his younger brothers Alexandre and Frdric Arnault, Antoine sees promise in NFTs, crypto and the metaverse, and used augmented and virtual reality to promote Berluti in China The unnamed female avatar will reportedly deliver a . Roger Vivier announced homegrown actor and singer Allen Ren as brand ambassador. Leading VTuber Kizuna AI Confirms Anime Project Debut. True to tradition, each of our brands builds on a specialty legacy while keeping an unwavering focus on the exquisite caliber of its products. By OLIVER DAHLE. Following the same trend, French luxury group LVMH created a metaverse ambassador to present its brand innovations at the 2022 Viva Technology conference. LVMH avatar ambassador Livi interacts with Bernard Arnault at Viva Tech. Meet LVMH's First Metaverse Ambassador | Tatler Asia Cover Photo: LVMH Resembling a TikTok star, this virtual character will be LVMH's spokesperson for tech, cryptocurrency and NFTs 1 view Gallery Despite its owner's reservations about the metaverse, luxury conglomerate LVMH is forging ahead into the digital world with its first virtual ambassador. 7-min read. Even after we stepped back into the physical world following lockdown the trend looks set to stay, with L'Oral recently submitting 17 individual trademark applications to bring its brands into the metaverse and luxury conglomerate LVMH, creating a digital ambassador to present its brand innovation. Luxury conglomerate LVMH has extensive experience in the virtual world and working with virtual characters. 3D/Virtual Product Experience & Metaverse, Employee Experience & CSR, Media & Brand Awareness, Omnichannel & Retail, Operations & Manufacturing Excellence e Sustainability. From Hatsune Miku to the popular Samsung assistant, Sam, or LVMH, the world's largest luxury goods group, creating a virtual ambassador, virtual avatars are becoming big news along with discussions of the metaverse. di . The metaverse is already driving some impressive results for some luxury brands. Group. Learn more. But the occasion also affords the capital of fashion to showcase how it will incorporate tech and Web3. Epic Games to Pour $1 Billion Into Metaverse Development, Crushing Traditional Social Networks. A new face to present the LVMH innovation award. Live Trading News New "ClubRare" Community Marketplace Bringing Real-World To The Metaverse CryptoClubRare is making a huge splash in the NFT space and landed to the mainstream. . These NFTs are traded in the ClubRare collector-focused economy, and brought to life in the Metaverse. LVMH Already Has A Metaverse Ambassador PARIS In a sign of the growing pull of the metaverse, LVMH Mot Hennessy Louis Vuitton has created a virtual ambassador to present its brand innovations at the next edition of the Viva Technology conference, scheduled to run from June 15 to 18 in Paris. Party Island supports the same login method as Douyin (China's TikTok) through . . For his part, LVMH's Arnault is wary of a metaverse "bubble", but many of his brands are experimenting and two of Arnault's sons have Cryptopunk . A leader in the Blockchain and Crypto industry, she is a firm believer in technology as an economic and social game changer with global impact. Posted 12:00:00 AM. TikTok's owner, ByteDance, is now testing its first metaverse social app called Party Island. LVMH Mot Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of 36.7 billion in the first half of 2022, up 28% compared to the same period in 2021. . THE DETAILS The French luxury conglomerate plans to buy back up to 10 percent of its share capital, which equates to 49,614,278 shares. Let's first talk about metaverse. PositionWe are currently seeking a talented Visual Merchandising Ambassador to join Loewe's RodeoSee this and similar jobs on LinkedIn. A female avatar named Livi will be trademarked and will begin advertising for the brand's merchandise in the coming weeks. L'vnement se droulera du 15 au 18 juin Paris.. L'avatar fminin est apparu dans l'appel candidatures du conglomrat de luxe pour la sixime dition de son LVMH Innovation Award. In addition, she will hold a specific position and role on sustainability as a special advisor to Mr. Arnault and the executive committee members of LVMH. So why are so many doing it? The MetaH0dler puts in the work to bring you the latest in crypto and NFT news. The Synopsis: Luxury brand conglomerate LVMH is home to some of the world's most famous brands, such as Louis Vuitton, Dior, and more. In a piece of ground-breaking news, the luxury conglomerate LVMH already has a virtual model as its metaverse ambassador. The American jewelry brand put on a "record performance . LVMH's new virtual character is a female avatar with blended blue and grey eyes, distinct freckles, and stylish brown hair. Add to this the $22.7 billion-plus that Japanese natives spend annually on luxury goods, and you have the world's number two luxury market behind the United States, and "a strategic market for luxury . VivaTech 2022: Luxury group LVMH and beauty giant L'Oral on embracing metaverse and new tech. 4 min read. LVMH's acquisition of Tiffany & Co. closed in January 2021, making this the first year the jeweler's sales are included in LVMH's overall sales. The ceremony was co-hosted by Livi, the Groups avatar innovation ambassador. Above Ruby 9100M wears Mark Gong top, trousers; Swarovski necklace, bracelet (Photography: Oscar Chik for Tatler Hong Kong) Read more The world's first purely digital clothing collection was only launched in 2018, by Scandinavian retailer Carlings. By Joelle. Inoltre, verr assegnato un premio speciale a una sola realt . Talk about being the first! One of the most well-known brands under the LVMH umbrella, Louis Vuitton, created a stand-alone mobile game in which players can dress up their brand-inspired avatars and earn NFT rewards. Welcoming 22 Newfound Virtual Influencers to VirtualHumans.org. Last-mile luxury partner Toshi has won LVMH Mot Hennessy Louis Vuitton's annual innovation prize, demonstrating that the personal touch is still paramount to luxury retail even as companies enter the metaverse. LVMH Mot Hennessy Louis Vuitton s'est cr un ambassadeur dans le mtavers pour prsenter les innovations de sa marque lors de la prochaine dition de la confrence Viva Technology. It is the new incarnation of the group's digital strategy, and the different houses will be able to dress it in turn and use it as an ambassador at different events. A family-run group, LVMH strives to ensure the long-term development of each of its Houses in keeping with . By doing so, they also present its first virtual ambassador, Livi. However, the situation changed in January this year: the group appointed Nellie Mensah, who had served as digital product director at Sephora, as vice president of digital innovation and head of the Metaverse. Also on display was a teaser of Bulgaris new Metaverse . . 16 May 2022. Mar 30 2022. Out of 950-companies, LVMH has shortlisted 21 promising start-ups, in 6 different categories, that tackle major problems existing in the fashion industry. Spring / Summer 2022 edition includes: Iceland, Europe by Private Jet, Jordan, Montenegro, Botswana, Sicily & Oman. Jumping into the metaverse just for the sake of it is one of the biggest mistakes a luxury group can make. Beauty. the ninth brand under the LVMH Group to partner with JD following Louis Vuitton, Dior . What's the bigger vision behind the partnership? . So no surprise to discover the new LVMH muse: Livi for "LVMH Innovation Virtual Insider". . The Max Mara Group operates over 2,600 stores in more than 100 countries and regions. LVMH presents 21 finalists for the LVMH Innovation Award. They will debut a new virtual brand ambassador at their annual Innovation Awards in June 2022. LVMH Creates Virtual Ambassador for the 2022 Innovation Award. 2022-05-16 10:24:32. di Simone Dal Passo Carabelli. In March, LVMH released its own virtual image ambassador in the Metaverse. For the full year, revenue totaled 64.2 billion ($71.5 billion), up 44 percent year-over-year and up 20 percent when compared with 2019. LVMH Creates Virtual Ambassador for the 2022 Innovation Award. Data & Beauty Tech; Blockchain, NFT & Metaverse; Sustainability and Startup acceleration by LVMH. The NFT it more than just an digital good but also your digital certificates of ownership. LVMH has released further details of its share repurchase program, approved at its OGM at the end of May. The campaign with the American actress includes billboards, digital, editorial and also comes . French Luxury goods company LVMH is about to join the Metaverse community as the company hinted at possible consideration. MFF survey on the fashion explosion in the virtual universe. 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