Shiba Inu Announces “Cutting-Edge” Fashion Partnership

AnalysisShiba Inu Announces "Cutting-Edge" Fashion Partnership

Alex Dovbnya

Shiba Inu has announced a partnership with the Richmond fashion label in an attempt to push the adoption of non-fungible tokens

The Shiba Inu team has inked a “cutting-edge” partnership with the John Richmond fashion label, according to a tweet posted by the cryptocurrency’s official Twitter account.

It will launch a fashion collection in the form of 10,000 non-fungible tokens (NFTs). The physical versions of these tokens will be presented during Milan Fashion Week.

The fashion house was founded back in the 1980s by British fashion designer John Richmond, who has worked with such superstars as Madonna, Kate Moss, David Bowie and Britney Spears.

In 2017, the Italian Ammaturo family acquired an 83% stake in the brand’s portfolio.

The fashion world keeps trying to capitalize on the crypto craze. In January, prominent Italian luxury fashion house Gucci launched an NFT collection in partnership with the Superplastic brand. In February, lingerie giant Victoria’s Secret filed for several metaverse-related patents.

Learn more

Latest news

dYdX (DYDX) up 15% as Trading Volume Doubles, Here’s Why

Decentralized exchange platform dYdX (DYDX) is seeing a major price rejuvenation today as it is up 15.23% at the...

Fed raises key interest rate by 0.25 points, slowing pace of hikes

The Federal Reserve enacted its smallest interest rate hike in nearly a year on Wednesday — but signaled...

Meta Platforms Q4 profit drops 55%

Mark Zuckerberg’s Meta Platforms on Wednesday reported a 55% fall in quarterly profit, hurt by a hefty charge related...

Meta forecasts upbeat first-quarter revenue, shares rise By Reuters

© Reuters. FILE PHOTO: The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6,...

Stock spikes after better-than-expected revenue

Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue...

Must read

You might also likeRELATED
Recommended to you