Deep Dive 13 minutes PremiumLuxury in the Metaverse: Recent Developments and Future Potential Coresight Research February 28, 2022 What's InsideWe believe that the metaverse is set for tremendous growth and that luxury’s role will grow increasingly prominent. We present examples of recent developments in the space by luxury brands including Alexander McQueen, Balenciaga and Gucci. We also explore the future potential of the luxury metaverse, including notable technology innovators and the advantages and challenges of building a virtual presence. We have identified the expanding metaverse as a key trend to watch in retail. Read more Coresight Research coverage of the metaverse. Contents (Click to navigate) Introduction Luxury in the Metaverse: Coresight Research Analysis Luxury’s Early Involvement in the Metaverse and Recent Developments The Next Step: Offering a Mix of Virtual and Physical Products Considerations for Luxury Brands and Retailers in Entering the Metaverse What We Think This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: Innovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and ConversionEuropean Grocery Retail Dynamics Amid Broader Inflationary TrendsJanuary 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales GrowthUS and UK Retail Bankruptcies Latest, August 2023: Wilko Administration Bucks UK Discount Growth Trend