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 Vogue District. Together with this, it has additionally filed a number of worldwide trademark functions to promote digital items, comparable to footwear and attire.

Skechers metaverse transfer: What we all know to date
California-based Skechers is the world’s third-largest sports activities shoe model. In truth, 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 area in Decentaland’s Vogue Avenue 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 sit up for embarking on this digital period, and exploring inventive methods for our model to have interaction with new clients and audiences as we launch the brand new Skechers expertise.”
With this transfer, Skechers is becoming a member of a spread of manufacturers which have entered the metaverse. Lingerie powerhouse, Victoria’s Secret, as an illustration, filed a number of trademark functions 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.