3D Vogue Agency LincTex Raises $100M

Home Latest Posts 3D Vogue Agency LincTex Raises $100M
3D Vogue Agency LincTex Raises 0M
3D Vogue Agency LincTex Raises 0M

LincTex Digital, a Chinese language firm that makes digital experimental expertise for vogue retailers, has raised $100 million in a brand new funding spherical.

As Reuters reported on Thursday (June 23), the cash will assist the Hangzhou-based firm develop internationally and transfer into the world of digital vogue.

Based in 2015, LincTex’s flagship product is Style3D, a software program and {hardware} developer for the style sector. First launched as a digital experimental and 3D physique scanning instrument, Style3D has since expanded to supply providers to clothes designers and producers, permitting them to make use of large information to create vogue collections.

The corporate has additionally begun venturing into the metaverse with a digitally simulated material designed to imitate real-world clothes in look and motion.

Learn extra: Amazon provides a digital shoe expertise

The previous few months have seen numerous firms undertake the experimental digital expertise. Earlier this month, Amazon launched a digital shoe expertise, an interactive cellular expertise that lets prospects see what a pair of footwear would appear like.

Amazon mentioned in a weblog publish that the instrument will “better inform purchase decisions,” noting that US and Canadian customers can use it “from the comfort of their home or on the go” by the Amazon Purchasing app on iOS.

The Digital Attempt-On footwear expertise options 1000’s of sneaker kinds from New Stability, adidas, Reebok, Puma, Superga, Lacoste, Asics, Saucony and different shoe manufacturers. After choosing the shoe, prospects can click on the Digital Attempt-On button under the product picture and level the digicam on their cellular gadget at their toes to see how the footwear will look on them.

Learn extra: Sally Hansen, Good Corp. Launches Digital Attempt-On Instrument

And in February, magnificence model Sally Hansen debuted a digital experimental instrument with the assistance of Good Corp’s AgileHand Expertise. , permitting consumers to strive a whole bunch of Sally Hansen nail shade choices in augmented actuality.

In 2021, Coty, the mother or father firm of Sally Hansen, entered into an settlement with Good Corp. , an organization offering synthetic intelligence (AI) and augmented actuality (AR) expertise options for magnificence and vogue expertise.

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New PYMNTS information: Tailor-made Purchasing Expertise Research – Could 2022

Round: The PYMNTS survey of two,094 Shoppers for the Personalised Purchasing Expertise Report, a collaboration with Elastic Path, reveals the place retailers are getting it proper and the place they should enhance their recreation to ship a customized buying expertise.

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