Would you spend $4,000 for a digital handbag?
21 Jun 2021
-
The Telegraph
How much would you pay for a pair of digital shoes? A few years ago, such a question would’ve seemed laughable. And for some people it still is—but a growing number of consumers are willing to pay big money for fashion that only exists on the internet.
This trend was the subject of a summer 2021 feature in the Telegraph, which featured insights from L’Atelier BNP Paribas analysts on the present and future of the digital fashion market. One key takeaway: the global market for such items is expected to be worth $129 billion USD by the end of 2021, an increase of $20 billion USD from 2019.
But what exactly are people paying for? Are we witnessing a bubble that’s about to burst, or the beginning of a transformational shift in the world economy? For a deeper dive into this fascinating topic, check out the full article.
21 Jun 2021
-
The Telegraph
02/03
Related News
Second Life might have found the key to sustainable digital economies
Data from L'Atelier BNP Paribas illustrates how the MMOG's internal economy values slow and steady growth over rabid speculation.
See the top jobs in the global virtual economy
With the coronavirus pandemic causing record job losses in the real world, a report has highlighted the lucrative virtual roles that people could turn to in order to earn a living going forward.
03/03
L’Atelier is a data intelligence company based in Paris.
We use advanced machine learning and generative AI to identify emerging technologies and analyse their impact on countries, companies, and capital.