Business News Report
January 18, 2023

Yves Saint Laurent files NFT and metaverse trademarks with plans to release virtual beauty products

In Brief

Yves Saint Laurent filed NFT and metaverse trademark applications for its name and logo

The brand plans to release virtual beauty, body, skin-care, and hair-care products and artworks backed by NFTs.

Luxury fashion and beauty brand Yves Saint Laurent has filed NFT and metaverse trademark applications for its name and logo. The news was shared by the United States Patent and Trademark Office licensed trademark attorney Mike Kondoudis. 

According to Kondoudis’s tweet, the French brand plans to release non-fungible tokens that will authenticate beauty and skincare-related digital artworks, videos, audio, and text. 

The company will also issue metaverse-ready body and hair-care products for beauty lovers to use in virtual worlds. More than that, customers will have the option to download virtual goods and computer programs. 

Yves Saint Laurent Parfums also plans to open online retail stores featuring virtual cosmetics, perfumery, goods, and other beauty products. 

Mike Kondoudis

Notably, YSL has not introduced many web3-related initiatives before. In June, Yves Saint Laurent Beauté released a collection of 10,000 NFTs minted on the Polygon blockchain.

Yves Saint Laurent belongs to the luxury French conglomerate Kering, which also owns Gucci. The latter is an active web3 player that has developed several NFT collections and metaverse experiences. For instance, in August 2022, the brand launched a virtual campaign of its signature fragrance, “Flora Gorgeous Jasmine Eau de Parfum,” in Roblox. The promotional event featured an interactive avatar of singer and actress Miley Cyrus, so players could interact and take photos with the brand’s ambassador. Gucci also accepts cryptocurrencies in-store and online as a form of payment. 

With this step into the web3 space, it seems that Yves Saint Laurent plans to attract a younger audience. Or, like numerous other fashion and beauty brands, the company feels like the metaverse is becoming necessary for a complete marketing strategy. 

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

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

More articles
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

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024
Palm Network’s Governance Gala at NFTNYC Promises a Blockchain Renaissance While Making Decentralised Dreams Come True
Business News Report
Palm Network’s Governance Gala at NFTNYC Promises a Blockchain Renaissance While Making Decentralised Dreams Come True
March 29, 2024