Business News Report
July 10, 2023

LG Uplus Corp. Launches a Metaverse Fashion Marketplace

In Brief

LG Corporation-owned mobile network operator LG Uplus Corp. is set to launch Meta Slap, a digital clothing store.

The organization partners with Ation Fashion and Z-Emotion for this initiative. 

South Korean LG Corporation-owned mobile network operator LG Uplus Corp. has announced its metaverse fashion business. The organization aims to develop metaverse commerce in fashion. The initiative takes off with the launch of Meta Slap, a digital clothing store. The platform will reportedly function as a digital service for office workers.

LG Uplus Corp. Launches a Metaverse Fashion Marketplace

LG Uplus Corp partners with South Korean fashion companies Ation Fashion and Z-Emotion for this project. Ation Fashion is the owner of the casual clothing brand Polham, while Z-Emotion is the developer of 3D simulation-based costume production software. In May this year, Z-Emotion released a program that enables the creation of metaverse costumes. 

On July 9, the three companies signed a memorandum of understanding on cooperation. Starting this month, the organizations will launch and run the Meta Slap boutique that will combine the physical and virtual worlds. The shop will feature fashion garments and accessories for the metaverse. 

Notably, the online clothing marketplace will also provide links to offline products, so users will be able to purchase real-life items straight from the metaverse. More than that, LG Uplus Corp., Ation Fashion, and Z-Emotion plan to introduce an artificial intelligence-powered fitting room.

“The metaverse platform Roblox says five of 10 metaverse users were found to dress up their avatars at least once a week. We judged that market potential was high,” said a representative of LG Uplus Corp.

Notably, the three companies are not the first to launch a metaverse store that allows visitors to purchase real-life goods. In March this year, German luxury fashion brand Hugo Boss introduced a virtual location based on the metaverse platform Spatial. The venue featured five garments from the IRL runway, and customers could purchase the items in a few clicks thanks to the links leading to the brand’s website. 

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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

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