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Home » What’s the Point of Digital Fashion? – Karinna Grant (Transcript) 

What’s the Point of Digital Fashion? – Karinna Grant (Transcript) 

Here is the full transcript of Karinna Grant’s talk titled “What’s the Point of Digital Fashion?” at TED conference.

Listen to the audio version here:

TRANSCRIPT:

The Future of Fashion

By 2033, you just might have a smaller wardrobe than you have now. Not just because you’ve already checked which items spark joy, but because you probably won’t own as much physical clothing. I’m not just saying this because typically we own more than we need, and we actually only wear 20 percent of our wardrobe, but because dematerialization will have taken over fashion.

Think about the books that you own, the music that we listen to. They are now in the cloud. And many of our favorite stores are online, and this is happening to our clothes too. Digital versions of physical products and digital-only products are making their way into our lives through gaming, social media, and shopping. This is an Alexander McQueen digital tee that you can download to an avatar to wear inside a game.

Digital fashion is made of pixels rather than threads, and it’s still a relatively new sector of the virtual goods industry. But in the last five years, it’s kind of exploded, and we’ve seen zeitgeist moments from digital-first brands like the Fabricant, Tribute brand, and Auroboros. And RTFKT, who got the world talking about “phygitals”: physical and digital versions that you buy together. And luxury brands are also in this space, like Vuitton, Balenciaga, and Gucci, and they’re doing something surprising at surprising price points.

So they’re bringing together the worlds of gaming and luxury. Some of these items are less than 20 dollars, and this Gucci Roblox handbag actually resold for 4,000 dollars, which is more than the physical one retails for, just an hour after it went for sale on Roblox.