European fashion – Nia Style http://niastyle.com/ Sat, 15 Jan 2022 18:46:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://niastyle.com/wp-content/uploads/2021/05/cropped-icon-32x32.png European fashion – Nia Style http://niastyle.com/ 32 32 Rock & Kciuk to headline business card winners as 2022 Q schools wrap up https://niastyle.com/2022/01/15/rock-kciuk-to-headline-business-card-winners-as-2022-q-schools-wrap-up/ Sat, 15 Jan 2022 18:46:15 +0000 https://niastyle.com/2022/01/15/rock-kciuk-to-headline-business-card-winners-as-2022-q-schools-wrap-up/

Northern Irish newcomer Josh Rock and Poland’s Krzysztof Kciuk headlined players to get PDC tour cards as the PDC 2022 qualifying schools ended on Saturday – as Ted Evetts and Rowby-John Rodriguez took also regained their professional status.

After seven days of action at the Marshall Arena in Milton Keynes and the H+ Hotel in Niedernhausen, the group of 128 PDC Tour cardholders for 2022 has been finalized following the conclusion of the final stage.

In the UK, Rock, 20 (Photo) made his PDC ProTour debut this year beating fellow Northern Irishman Nathan Rafferty 6-3 in the day four final.

Rafferty, a World Junior Championship runner-up last year, was one of 13 other players to earn their PDC Tour Order of Merit card from the British qualifying school after the four-day final stage.

Reigning junior world champion Evetts returned to pro status by advancing to Saturday’s semi-finals, having collected eight points in four days.

Scotsman Jamie Clark topped the UK Order of Merit with ten points to win his PDC Tour card for the first time, while 2010 Grand Slam of Darts winner Scott Waites joined fellow former Lakeside champion Richie Burnett with seven points, alongside Connor Scutt and Kevin Burnett.

Mickey Mansell also picked up his circuit card immediately by earning six runs alongside Rafferty, Cameron Menzies, John O’Shea, George Killington and Nick Fullwell.

Crewe newcomer Shaun Wilkinson edged Lee Budgen, Matthew Dennant and Dan Read by five points to secure his circuit card and debut on the PDC circuit for the next two years.

Matthew Edgar’s run to the semi-finals on Saturday was not enough for him to immediately reclaim his circuit card, as he joined Brazilian number one Diogo Portela and former youth world champion Arron Monk on four points .

Lisa Ashton bungled her bid to win back a PDC Tour card, having spent 2020/21 on the PDC ProTour, while a second-round loss to Fallon Sherrock to Nathan Treadgold ended the Nordic Darts Masters runner-up’s chances of winning. get a Tower card. This year.

At the European Qualifying School in Germany, Kciuk earned an immediate return to the PDC circuit after picking up his Tour Card on the final day – Rodriguez dramatically securing his own professional status.

Poland’s Kciuk, 41, was one of the players who returned to qualifying school after losing their Tour Card at the end of 2021.

And the World Cup representative won day four of Saturday’s finals to claim an automatic circuit card, beating Spaniard Tony Martinez 6-3 in the final in Niedernhausen.

Kciuk is joined by 11 other Order of Merit players from European qualifying schools, who earned their tour cards after four days of finals action.

Belgian Mario Vandenbogaerde topped the standings with 12 points, while Jules van Dongen and Kevin Doets picked up eight points to secure their Tour Card.

Martinez was joined on seven points by Danny Jansen and Radek Szaganski, while Damian Mol, Jimmy Hendriks, Ricardo Pietreczko and Vladimir Andersen earned a Tour Card with six points.

Rodriguez – who finished 2021 in 65th place on the PDC’s Order of Merit – was one of seven players on five points, but had a greater leg difference to his rivals, and the Austrian star got his card back. circuit in a spectacular way.

The 2021 World Cup runner-up had lost to Hendriks in the last 64 and faced an anxious wait, with Dragutin Horvat capable of leapfrogging him should he have reached the final.

Horvat led 5-4 in his semi-final against Martinez, but missed his chance for victory in the tenth leg before the Spanish ace won the deciding match in 12 darts, ensuring Rodriguez a circuit board.

Fabian Schmutzler’s run to the last eight on day four was not enough to earn a circuit card for the German teenager, while Karel Sedlacek, Jelle Klaasen, Cristo Reyes, Jesus Noguera and Derk Telnekes were among the players who failed to secure an immediate return to the PDC ProTour in Niedernhausen.

The 32 Tour Card winners from 2022 PDC qualifying schools will join 96 other players as PDC professionals in 2022.

The top 64 on the PDC Order of Merit after the World Darts Championship have earned their tour cards, with another 28 players starting the second year of their tour card and four players exiting the challenge and development tours of the PDC.

PDC Qualifying Schools 2022
UK Q School Automatic Tour Map Winners (x4):
James Wilson, Darren Webster, Ross Montgomery, Josh Rock
European Q School Automatic Tour Card Winners (x4): Jose Justicia, Brian Raman, Luc Peters, Krzysztof Kciuk
UK Q School Tour Card Winners of the Order of Merit (x13): Jamie Clark, Ted Evetts, Connor Scutt, Richie Burnett, Kevin Burness, Scott Waites, Nathan Rafferty, Cameron Menzies, John O’Shea, George Killington, Mickey Mansell, Nick Fullwell, Shaun Wilkinson.
European Q School Tour Card Winners of the Order of Merit (x11): Mario Vandenbogaerde, Jules van Dongen, Kevin Doets, Tony Martinez, Danny Jansen, Radek Szaganski, Damian Mol, Jimmy Hendriks, Ricardo Pietreczko, Vladimir Andersen, Rowby-John Rodriguez.

Click here to view the Q School Orders of Merit

Click here for stats from Day 4 of the European Q School Finals

Click here for the results of the final stage of the European Q School

Click here for stats from day four of the UK Q School finals

Click here for UK Q School finals results

Day four of the UK qualifying school finals
Quarter-finals

Ted Evetts 6-3 Mike Gillet
Josh Rock 6-4 Daniel Day
Nathan Rafferty 6-4 Shaun Wilkinson
Matthew Edgar 6-2 Diogo Portela

Semi-finals
Josh Rock 6-4 Ted Evetts
Nathan Rafferty 6-3 Matthew Edgar

Final
Josh Rock 6-3 Nathan Rafferty

Fourth day of the final phase of the European qualifying school
Quarter-finals

Krzysztof Kciuk 6-2 Christian Kist
Fabian Schmutzler 6-3 Ryan De Vreede
Dragutin Horvat 6-1 Radek Szaganski
Tony Martinez 6-2 Jimmy Hendriks

Semi-finals
Krzysztof Kciuk 6-1 Fabian Schmutzler
Tony Martinez 6-5 Dragutin Horvat

Final
Krzysztof Kciuk 6-3 Tony Martinez

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Handicrafts Market Expected to Grow USD 514.92 Billion from 2020 to 2025 | Need low capital investment to drive growth https://niastyle.com/2022/01/14/handicrafts-market-expected-to-grow-usd-514-92-billion-from-2020-to-2025-need-low-capital-investment-to-drive-growth/ Fri, 14 Jan 2022 02:00:00 +0000 https://niastyle.com/2022/01/14/handicrafts-market-expected-to-grow-usd-514-92-billion-from-2020-to-2025-need-low-capital-investment-to-drive-growth/

The difference in potential growth of the handicrafts market between 2020 and 2025 is $514.92 billion. To get the exact annual growth variance and annual growth rate, Talk to our analyst.

Key Market Dynamics:

  • market engine
  • Market challenges

the low capital investment required will stimulate the handicraft market. However, factors such as lack of information on handicrafts will challenge the growth of the market. Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage.

To learn more about key drivers, trends and additional challenges – Read our FREE sample report now!

The Handicraft Market report is segmented by Product (metal art items and jewelry, wooden items, textile products and others) and Geography (North America, Europe, APAC, MEA and South America).

The growth in the market share of handicrafts by metal art and jewelry segment will be important for revenue generation. Traditional metal art items have an established market across the world and contribute a significant share of employment in the global craft market. The demand for metal-based outdoor crafts such as swings and furniture is increasing, especially in European countries such as France and Germany.

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned with their offers

The craft market is fragmented and suppliers are deploying growth strategies such as product innovations and gaining a foothold in local markets to compete in the marketplace.

    • Asian Crafts Pvt. Ltd- The company offers Indian handicrafts and fashion jewelry such as gifts and home decorations (such as photo frames, jewelry boxes, dream catcher bands, placement, coasters and napkin rings), nursery accessories, Christmas and seasonal decorations (such as Christmas ornaments and Christmas spray), and fashion jewelry and accessories (such as necklace and earring).
    • Fakih Group of Companies Pvt. Ltd- The company offers handicrafts such as souvenir gifts, furniture, traditional gifts, decorative items, lamps, frames and oil perfumes.
    • HimalayanMart.com – The company offers Nepalese handicrafts such as khukuri, thanka/thangka, cashmere shawl, pashmina shawl, Buddhist ritual object, cashmere silk rug, wooden carving, Nepalese silver jewelry, stone carving, Nepalese product to herbal, Nepali musical instruments, herbal tea, pashmina product, singing bowl, aromatic herb, Himalayan book, Tibetan carpet, prayer wheel, Nepalese doll/puppet/mask, gifts, cashmere wood product and Tibetan artifacts.
    • Minhou Minxing Weaving Co.Ltd. – The company offers handcrafted products such as traditional tables, displays, cabinets, coffee tables, storage, functional wall objects, wall decorations and trays.
    • Indigenous Arts and Crafts – The company offers handicrafts such as bamboo lanterns, candle holders, gift wrap, food covers, lighting products and wooden handicrafts.
  • To access more supplier profiles with their key offerings available with Technavio, Click here

Related reports:
Interior decoration market –The home decor market share is expected to grow USD 286.82 billion from 2021 to 2025 at a CAGR of 8.81%.Download a free sample now!

Furniture market –The home furnishings market has the potential to grow by USD 354.85 billion between 2021 and 2025, and the growth momentum of the market will accelerate at a CAGR of 6.17%. Download a free sample now!

Handicraft Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of around 13%

Market Growth 2021-2025

$514.92 billion

Market structure

Fragmented

Annual growth (%)

12.03

Regional analysis

North America, Europe, APAC, MEA and South America

Successful market contribution

North America at 35%

Main consumer countries

United States, United Kingdom, Germany, Japan and United Arab Emirates

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Asian Crafts Pvt. Ltd., Fakih Group of Companies Pvt. Ltd., HimalayanMart.com, Minhou Minxing Weaving Co. Ltd., Indigenous Arts and Crafts, Ngoc Dong Ha Nam Co. Ltd., Orient Handicraft Co. Ltd., OSM HANDICRAFT, Ten Thousand Villages US and The Handicrafts & Handloom Exports Corp . of India Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

  • Summary
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation
  • Customer landscape
  • Geographic landscape
  • Supplier Landscape
  • Vendor analysis
  • appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail:[email protected]
Website: www.technavio.com/

SOURCETechnavio

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Future expectations of companies remain largely unchanged despite Omicron: survey https://niastyle.com/2022/01/10/future-expectations-of-companies-remain-largely-unchanged-despite-omicron-survey/ Mon, 10 Jan 2022 06:52:35 +0000 https://niastyle.com/2022/01/10/future-expectations-of-companies-remain-largely-unchanged-despite-omicron-survey/ While the impact of the Omicron variant remains highly uncertain, future business expectations have also remained largely unchanged, as concerns about the disruption caused by the increase in the number of cases have been more than offset by the improvement in the number of cases. supply situation and growing hopes that disruptions will be modest compared to previous waves. , said London-based IHS Markit.

An unchanged reading of JPMorgan’s Global Manufacturing Purchasing Managers (PMI) Index in December 2021 masked improvements in various sub-indices: Factory output growth accelerated, supply disruptions continued. have eased, building up safety stocks was less obvious and price pressures have eased, according to IHS Markit, who compiled the index.

JPMorgan’s global manufacturing PMI index held steady at 54.2 for a third consecutive month in December. While signaling an encouraging resilience of the overall health of the manufacturing economy to the COVID-19 Omicron variant, the survey’s sub-indices, including some of the key components of the PMI itself, have provided further news. better.

While the impact of the Omicron variant remains highly uncertain, future business expectations have also remained largely unchanged, as concerns about the disruption caused by the increase in the number of cases have been more than offset by the improvement in the number of cases. supply situation and growing hopes that disruptions will be modest compared to previous waves. , said London-based IHS Markit.

In December, industrial production growth accelerated to its fastest level since July, largely matching the expansion in new orders for the first time since February last year. While in recent months production growth had retarded demand growth to an unprecedented degree, except for a brief period in 2009, as factories simply could not produce everything. demanded by their customers, December saw growth in production and demand return to normal.

The largest production deficit compared to demand was recorded in Italy, followed by the United States, Australia and South Korea. France, Vietnam, Taiwan, the UK, Canada, the Philippines and Germany also all had production shortfalls compared to orders. However, the US production deficit was the smallest since February while the euro area deficit as a whole was the smallest in three months, IHS Markit said.

In contrast, excess production over new orders was observed in Thailand, Indonesia, China, as well as Spain, Japan, Russia and several other economies in Central and Eastern Europe. In Asia as a whole, the production surplus was the largest since August 2020.

The faster production growth (and the narrowing of the production deficit) in December was largely due to companies reporting fewer production constraints due to shortages of personnel or raw materials.

The key to easing production constraints was reducing supplier delivery delays in December. Although still at a level well above anything seen before the pandemic, the average lengthening of delivery times for suppliers around the world slowed for a second consecutive month in December to reach the lowest recorded since March.

In many cases, suppliers had been able to increase capacity to meet demand for inputs from manufacturers, although problems persisted in shipping these goods to factories, with the number of companies reporting shipping delays continuing to be around eight times the long-term average, indicating a still worrying – and unprecedented – logistics issue that remains unresolved. However, even these shipping delays showed signs of moderation in December.

Supplier delivery times continued to lengthen, particularly in the United States and Europe, but in significantly lower proportions than in previous months. Delivery times have grown the least: seven months in the United States, ten months in the euro zone and 12 months in the United Kingdom. The latter, however, experienced the longest extension of any country other than the Netherlands, in part reflecting additional Brexit issues.

Far fewer delays have been recorded in Asia, with China in particular experiencing particularly modest supply chain disruptions.

The continued strain on supply chains and shipping times was exacerbated by the build-up of inventory in December, especially as manufacturers continued to purchase additional inputs in a bid to protect future production.

A slowing rate of increase in manufacturer input costs has accompanied the cooling of supply chain pressures.

Fibre2Fashion Information Office (DS)

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Omicron interrupts plans to return to fashion firms office – WWD https://niastyle.com/2022/01/04/omicron-interrupts-plans-to-return-to-fashion-firms-office-wwd/ Tue, 04 Jan 2022 22:54:58 +0000 https://niastyle.com/2022/01/04/omicron-interrupts-plans-to-return-to-fashion-firms-office-wwd/

Don’t expect people to fill their desks full time just yet.

Due to the rampant spread of the Omicron variant, several fashion companies are adopting a wait-and-see attitude and delaying the return of their employees to the office.

In total, some 1.1 million new cases of the coronavirus were reported on Monday, according to data compiled by Johns Hopkins University, as the highly contagious Omicron variant continues to spread in the United States. The Omicron variant was responsible for 95.4% of new COVID-19 cases in the United States last week, according to estimates released Tuesday by the United States Centers for Disease Control and Prevention.

“If the pandemic taught us whatever it is, you have to be flexible and adapt quickly to the changes that this brings. We will continue to evaluate our plans as more information becomes available over the next few weeks and will share any updates needed as the week of January 18 approaches, when we need to start our return. expected in the office, ”said a spokesperson for PVH Corp.

A spokesperson for Tapestry Inc. said, “As a precaution, putting the health and safety of our employees first, we have just moved the official date of our return to the New York / New Jersey office to 1. February from January 10. offices have been and will continue to be open with heightened security measures in place should employees choose to come, our hybrid working model will go into effect on February 1.

The fashion industry is not alone in delaying the return to the office. Banks such as Goldman Sachs, Citi and JP Morgan have delayed their returns and allow employees to work remotely for the first few weeks of 2022, as have many big tech companies, including Apple and Google.

Shoshanna Gruss, Founder and Creative Director of Shoshanna, said, “If there’s one thing the last 22 months have taught us, it’s that we need to be adaptable; what we do today may need to be changed tomorrow.

“We are currently following CDC and New York City Small Business guidelines for all in-person work. Our entire team is set up to work remotely and come to the office as needed. We are fortunate to have completed our last deal just before the Omicron spread in early December. Being a small team gives us the ability to make some of the most important decisions closer to the dates. We’ll be revisiting our plans for February market meetings and trade show trips at the end of the month. “

Jane Siskin, Founder and CEO of Cinq to Sept, said the company is taking precautions: “We expect 2022 to be a great year for Five to Sept. Like As COVID-19 cases increase in New York City, we are taking precautions to create a safe working environment for our employees. We are expanding our offices in January to be on two floors to ensure social distancing as our team continues to grow. The new office will include two exhibition rooms and a photo studio. We understand the importance of creating content for the web and social media and make it a priority.

Siskin said they hope to continue scheduling appointments with retailers in their showroom for the fall 2022 season. “Over the past two months, major stores had returned to in-person market meetings and specialty stores were heading to New York for major collections, but not preseason / small deliveries. Our activity in the Dallas and LA markets was stronger than ever – it’s a great opportunity to meet specialty stores that don’t come to New York every season.

Siskin noted that the company is planning numerous in-person events for the first quarter with key retailers. “We’ll do a decision [this month] whether these events were to take place in person or virtual. We love to visit stores because it’s a time to connect with our customers and associates in store and listen to their feedback.

A spokesperson for Ungaro and its designer Kobi Halperin (who also has a separate eponymous brand) said, “We’re back in the office, but with the option of working from home. Most of us are physically back in the office. He said the market is still expected to open as scheduled on February 8.

He noted that the Ungaro and Kobi Halperin design teams are still planning to visit Première Vision in Paris from February 8-10 and are presenting Ungaro during Paris Fashion Week in March. They will also introduce the Kobi Halperin brand to European customers during the same period.

“Of course, everything is likely to change in case things change around the world,” he said.

Susan Sokol, co-founder of High Alchemy, a New York-based showroom that represents 30 brands from luxury to advanced contemporary, said their employees have been back in the office since June 2020, when the city opened. “and never left”.

Since they have so many samples in the showroom, they felt it was important to be back in person. At first 99% of their dates were virtual, but by September 2021 50% were in person, which was very encouraging, Sokol said. However, last December 90 percent of the market was virtual, which Sokol attributed to the holiday season when small specialty store retailers are understaffed and want to be in the sales pitch.

She now believes that New York Fashion Week should be pushed back by a week, which would impact all of the global fashion weeks. With many believing the next two weeks could be the peak of the virus in the United States (through Jan. 20), she believes things will get worse, based on what health officials at the CDC and the ‘Biden administration, “and then things will fade away.

While she thinks New York Fashion Week might be a problem, she thinks Coterie, which is very late this year (Feb.27-March 1), is good, and small specialty stores will feel more like it. safe when coming to New York. She said her business, which would normally travel to Europe in late February, would not be leaving this year. “Right now, as a showroom, we’re more comfortable traveling to the United States, doing trunk shows and visiting stores,” Sokol said, noting that their 2021 company returned to where it was in 2019.

In the meantime, the Council of Fashion Designers of America, in partnership with IMG, is closely monitoring the current COVID-19 outbreak and working with local and state authorities to ensure the health and safety of everyone attending Fashion Week. from New York.

“We understand the impact of the Omicron variant on logistics, personnel and planning up to the week and will support each brand’s individual decision regarding their February shows,” CFDA said in a letter. that they send Wednesday to its Subscribers to the fashion calendar.

For those planning to host shows and in-person presentations in February, the CFDA recommends following IMG’s COVID-19 health and safety plans, established last September. It will require all people entering a performance venue to provide proof of COVID-19 vaccination in accordance with federal and state law, require masks to be worn indoors at all times except in areas designated for eating and drinking or for models walking the runway, and recommends a reduced number of capacity guests in performance venues with appropriate spacing. In addition, IMG added that its updated vaccination policy will require a COVID-19 booster for everyone eligible to receive it. People not eligible from February 12, 2022 will be able to continue entering with verification of their vaccination status.

Spring Studios is the headquarters of NYFW: The Shows.
Courtesy of NYFW: The Shows

Leslie Russo, President of IMG Fashion Events and Properties, added, “As we navigate fashion week for the fourth time since the start of the pandemic, we are adjusting our plans in real time to ensure health and safety. safety of our community, while continuing to protect the ability of industry to pursue our collective affairs. IMG set the precedent for a safe return to New York Fashion Week without incident and will continue to work closely with the CFDA and our city and state leaders to guide designers, guests, consumers and the countless workers NYFW employs, through our largest bi-annual Safe Gathering.

The CFDA has stated that it continue to support the American fashion community as brands decide which approach is best for their business. Track 360 continues to be the central virtual home for New York Fashion Week, as it has been throughout the pandemic. “As we continue to navigate the fluid nature of the pandemic, we will update the above if the situation changes in the coming weeks,” the CFDA said.

FOR MORE STORIES:

COVID-19 Spikes Raise Retailers’ Concerns

AlixPartners on the COVID-19 Roller Coaster of Retail and Resetting Agility

CFDA, IMG Describes Health and Safety Guidelines for NYFW

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Accessorize the metaverse with luxury AR portable NFTs https://niastyle.com/2022/01/02/accessorize-the-metaverse-with-luxury-ar-portable-nfts/ Sun, 02 Jan 2022 22:35:22 +0000 https://niastyle.com/2022/01/02/accessorize-the-metaverse-with-luxury-ar-portable-nfts/

Going forward, the Metaverse will be bursting with style. But which fashion brands will be playing it this year and in the future? As Cryptopunks sparked the NFT collectible digital art market in 2017, throughout 2021 music and fashion have made hesitant steps in the metaverse with NFT’s inaugural launches of recording artists and celebrated fashion houses. Whether it’s breaking free from the limitations of the physical world or establishing a foothold in the rapidly evolving Web 3.0, it’s now clear that having a well-thought-out strategy to maximize the digital presence of a business has become an imperative business necessity. This is also true in the art world, the entertainment industry and the global luxury goods sector.

On the music side, Eminem (Slim Shady) sold his first NFT collection ‘Shady Con’ for $ 1.78 million, the Kings of Leon grossed more than $ 2 million for their perk-rich NFTs, some of which included first-row lifetime ‘gold tickets’, and DJ Steve Aoki ‘Dream Catcher’ collection grossed $ 4.25 million. NFTs can provide a much needed source of revenue to help revitalize the dying music industry that tour income is the main source of income for performers.

Provenance, Permanence And persistence

Likewise, luxury goods manufacturers will have to exceed the the COVID blues. Watch and jewelry makers saw a 25% drop in sales in 2020. More luxury brands are entering NFT-based games, videos and virtual tailoring. Examples include a Gucci movie inspired by his Aria collection and the current scraps of digital sneakers from the Gucci brand; Burberry’s drop of ‘Blankos Block Party ‘ online game with NFT of featured character Sharky B; and Louis Vuitton “Louis: The game”, a free gaming experience associated with ten NFTs by famous creator Beeple. Not to be outdone, September 30 Dolce & Gabbana rang 1,885.719 Ether ($ 5.7 million) for a collection of nine NFT pieces being auctioned alongside a physical couture.

Clearly, leading designers and luxury brands increasingly see NFTs as the perfect opportunity: auction-based markets provide an ideal distribution channel, and avid collectors are generally younger and well-heeled. , which represents a highly desirable demographic. Then there’s the clear fact that the ongoing Metaverse land rush promises strong demand for NFT drops and solid aftermarket appreciation for carefully crafted collections.

Perhaps most importantly for the luxury goods industry is that their brands already have the holy trinity of characteristics that underpin the intrinsic value of any product – provenance, permanence, and persistence. While the fashion NFTs snapped up today are arguably more art than products of real utility, residents of the metaverse to come will likely soon see digital clothing and accessories as much a reflection of their taste and taste. personality as the content of their wardrobe.

To help the players in the art, entertainment and luxury goods worlds transition to the emerging virtual world, various technology providers are already offering solutions. The major players in these industries certainly have an abundance of capital to support their digital ambitions. Currently, they enjoy combined annual global revenues of $ 2.140 billion (art: $ 50 billion, entertainment: $ 1.72 billion, luxury: $ 370 billion).

New platforms operated by creators interested in turning their designs into augmented reality offerings fall into two general categories: design environments for the creation of NFT and XR compatible content (games and videos) and platforms. auction house to display and sell their wares. Some, like The dematerialized, LuxFi, and UNXD, provide busy markets for collectors to buy and invest, while others provide cut-and-sew digital design tools and workshops for creators to let their imaginations run wild (the manufacturer, Lukso, Neuno, Exclusivity and Space Port).

One such company, SpatialPort, says it is developing what it calls an immersive 3D e-commerce platform, which CEO Alex Bellesia dit is specially designed for an open, decentralized and democratized metaverse. Founded last year by a team of e-commerce, fashion and video game industry veterans, SpatialPort’s metaverse platform hopes to provide luxury brands, retailers and designers with showrooms. plug-and-play virtual devices combined with a codeless configurator.

The idea, says Bellesia, is to enable creators of all sizes and budgets to easily and affordably display and sell globally, in an open, user-configurable e-commerce virtual world. . He says luxury brands can serve as a cornerstone for the future of the metaverse, because ultimately a global meta-reality will not be limited to digital products, but will also include actual products. Bellesia explains that this is why her company is working on creating its own XR couture line and plans to open a design studio in Milan to help Italian and European luxury brands digitize their offerings in the form of advanced NFTs. and complexes for the XR metaverse revolution.

“We are convinced that we are at the start of a new digital renaissance where brands, artists and individuals are empowered to reach their audiences directly,” he said. “Our expectation is that XR and Web3 technologies will enable fashion and accessories companies to extend the portability of their offerings, show product quality and prove the authenticity of every item sold. ”

Keeping time in the metaverse

In addition to the launch of the SpatialPort Shopping Metaverse platform, the team is preparing to launch their first NFTs, a collection of AR wearable watches called the SP21 MTVRSMaster, which they say they are using to fund the development of their metaverse platform. of electronic commerce.

SpatialPort plans to launch its first portable collection of 10,200 NFT of portable luxury 3D watches in early 2022. Each NFT connects the real and virtual worlds using a Snapchat AR filter, allowing the owner to see it appear on their wrist and will also get a 3D file that can be used on Metaverse platforms to dress up avatars.

“We are raising the bar for the eCommerce entertainment ecosystem with a company that not only has huge ambitions, but has the talent to deliver on our vision,” said the CEO of SpatialPort. “Our team is derived from renowned tech and retail companies such as Google, Activision Blizzard, eBay, Sephora, PwC and other notable brands. People are the most important resource, we have recruited the best of the best to lead the business to create a unique offering that goes beyond anything we see in the industry today.

According to him, their proprietary algorithm generates precise details to ensure that each watch is truly a one-of-a-kind NFT collector’s item with different materials and shapes that can display 2D NFTs on the watch face.

“It’s a really unique characteristic. Owners of hundreds of thousands of dollars from NFTs such as Cryptopunks or Bored Apes will be able to wear their art on their wrist. We have also added benefits that include priority access and discounts on future NFT SpatialPort deliveries, early entry into the SpatialPort Shopping Metaverse platform app, a complementary 3D “SP-Maecenas” showroom to promote and sell NFTs, and exclusive access to SpatialPort’s private Discord channel. and world-class parties and events.

Going forward, Bellesia doesn’t want SpatialPort’s NFT collections to be seen simply as the world’s first watches that connect the real and virtual world through blockchain and AR, but as a potential new way to invest.

“The people who believe in the project and buy our luxury 3D NFT watches support the company in the pursuit of its mission to contribute to an open and decentralized metaverse while betting on an appreciation of the value of the watch,” he said. -he adds.

Towards new virtual dimensions

Luxury brands around the world are increasingly aware of the historical significance of the current transition to a new virtual dimension. The exact number of designers and creators who are responding with a thoughtful, long-term strategy to leverage the technologies that enable the metaverse (AR, VR, 3D, blockchain to name a few) remains to be seen.

For many, the key will be to use these technologies to create an interconnected luxury that will be potentially interoperable and bring value to their NFT holders. The winners in the Metaverse will be those who don’t reluctantly dive into it but treat it seriously as a tangible new line of business and have a clear strategy emphasizing community, authenticity, and utility.

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How new Brexit regulations will change the way we buy clothes https://niastyle.com/2021/12/30/how-new-brexit-regulations-will-change-the-way-we-buy-clothes/ Thu, 30 Dec 2021 13:15:00 +0000 https://niastyle.com/2021/12/30/how-new-brexit-regulations-will-change-the-way-we-buy-clothes/

But as consumers what we really want to know is if clothes will become more expensive and if the clothes we buy will ever make it to UK shores. Here’s a quick guide to what to expect:

How long will it take for the clothes to ship here from Europe after January 1?

Much like last year, expect delays in the first few months as border control and trademarks adjust to the new rules. And they can be long – don’t buy anything in the EU that you urgently need, as delivery can take up to six weeks. Hopefully delivery times will be shortened after that. Although shipping inevitably takes longer than before, goods and documents must now be tightly checked.

Will European brands continue to refuse to ship to the UK?

Many smaller European brands may again suspend sales in the UK, but this is mainly a temporary measure put in place until they have completed the relevant customs declaration forms and found out how to do it. facing the problems related to VAT. Due to increased regulations with France, smaller French brands will likely be the most difficult to access, as they will worry about the costs incurred by customers returning goods. Once these issues are resolved, trade should resume for all but the smallest businesses.

Do I have to pay import duties on clothes from Europe?

It is complicated. If you buy something from a small EU brand with part of its supply chain outside of Europe, then yes, but no more than last year. Fortunately, as they adapted, most brands started to absorb these prices so that the clothes could be delivered duty free – hence the price being higher on UK websites than websites. national. Big brands such as Zara, Sandro and Mango, which have warehouses in the UK, will not be as affected and are unlikely to pass costs on to the customer.

Can I recover EU VAT?

Yes, and many brands will remove it at source, making it easier to shop online. The biggest savings, however, will come from trips to Europe for shopping (once Omicron is gone, of course). If you’re waiting in a VAT queue at the airport, you can claim £ 1,000 on an expensive item like a wedding dress or £ 4,000 handbag.

Is there a silver lining to all of this?

Yes. Many UK brands were forced to focus on domestic customers, who in turn understood the importance of buying locally. “I think it has shown the general public how much we depend on imported products and in doing so there seems to be a thirst for local and locally made products,” says Tabak. “However, until we have the manufacturing industry to support manufacturing here, it will remain an upward struggle for costs as materials have yet to be imported for our incredibly creative fashion industry.”

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West Ham put fitness and December fears behind them to stage a European battle in 2022 https://niastyle.com/2021/12/28/west-ham-put-fitness-and-december-fears-behind-them-to-stage-a-european-battle-in-2022/ Tue, 28 Dec 2021 18:31:18 +0000 https://niastyle.com/2021/12/28/west-ham-put-fitness-and-december-fears-behind-them-to-stage-a-european-battle-in-2022/
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fter a chaotic and damaging December threatening to derail their year, West Ham ended 2021 on a high note with a win at Watford, coming back from behind in the beautiful way to come back within four points of League spots. champions.

Hammers manager David Moyes had slammed his defenders for recent shoddy displays after their Boxing Day loss to Southampton and is said to have spat feathers again after just five minutes here when a weak defense allowed Emmanuel Dennis to shoot the Hornets ahead.

Moyes had also raised concerns that Watford had had an 18-day hiatus since their last game – due to Covid postponements – from that of the Hammers, but the 85 minutes that followed showed that the East Londoners had more than enough in the reservoir.

After switching to Southampton, West Ham fought back and showed a lot more control here.

The visitors dominated after Dennis’ opener, with Benrahma sending a diving effort over the crossbar, and the Hammers struck when Jarrod Bowen, who was a threat throughout, fed Soucek who first shot and down for his third Premier League goal of the season.

Two minutes later, West Ham were in the lead as Benrahma scored his second in as many games, converting after a good cut from Michail Antonio, who had improved a lot here again.

West Ham had full control from there and saw an early second-half goal scored following a VAR review, although the video assistant swung in their favor a few minutes later after Darren England, the referee, was sent to the monitor after Bowen fouled Austrian goalkeeper Daniel Bachmann.

Mark Noble, excellent to replace suspended Declan Rice in his first league start to the league, was dialed in and put the game beyond his hosts.

West Ham have done their best here, albeit against an out of practice and Covid-affected Watford, showing why this calendar year has been so impressive for East Londoners.

Action footage via Reuters

As if the year couldn’t have ended better, Moyes was able to celebrate a first goal for the summer signing of Vlasic, who walked away in search of his first strike and put it back on a plate by Bowen in the stoppage of play.