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Nike sued over closure of crypto businessIn a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden ...- Nike to launch first ever NFT sneakers 'Our Force 1', here's when it will be availableThe digital collection of Nike shoes are a part of the company’s .SWOOSH platform, and is inspired by its physical Air Force 1 collection.
- Nike sold an NFT sneaker for $134,000In April, Nike released its first collection of virtual sneakers, called Cryptokicks, which comprised 20,000 NFTs, including one designed b...
- Nike sold an NFT sneaker for $134,000This is Nike's first entry into the market and its first release with RTFKT (pronounced "artifact"), a company it bought last December that...
- Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTsNike said StockX's NFTs infringe its trademarks and are likely to confuse consumers. Its lawsuit asked for unspecified money damages and an...
- Gap taps NFT craze by taking classic hoodies digitalThe more than 50-year-old company's push to sell virtual assets for real money follows similar moves by clothing companies such as Nike Inc...
- From digital clothes to algo-powered trends, technology will change how we create, sell and consume fashionJaspreet Chandok, head of RISE Fashion & Lifestyle, says the pandemic has accelerated technology adoption cycle by consumers. “Over the las...
- Crypto Week at a Glance: Crypto market in consolidation as Bitcoin reaches 90% milestoneBitcoin (BTC) has had a dull December so far with prices hovering between $46,000 and $50,000 for the most part. The market is in a consoli...
- Rebel Foods’ $150 million war chest; Netflix slashes pricesRebel Foods said on Tuesday that it has set aside $150 million to invest in and acquire brands and businesses over the next few quarters.
- Want a pair of virtual sneakers? Nike joins the metaverse craze, buys digital shoe making firmNike has already opened "Nikeland", a virtual showroom on gaming platform Roblox, where visitors can dress their avatars in Nike clothes.
- Nike buys virtual sneaker maker RTFKT in metaverse push"This acquisition is another step that accelerates Nike's digital transformation and allows us to serve athletes and creators at the inters...
- Facebook risks a meta flop with Metaverse plans, developers sayWith few details beyond the rebranding to Meta Platforms, metaverse participants doubt Facebook is ready to embrace the spirit driving crea...
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