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Dolce & Gabbana Sells Out Digital Couture Collection For $6 Million

Milestone Date: October 1, 2021


Italian fashion designer Dolce & Gabbana launched a digital fashion collection called Collezione Genesi, which was showcased and auctioned on the digital luxury marketplace, UNXD.

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Dolce & Gabbana NFT & Metaverse ProgramDolce & Gabbana NFT & Metaverse Program

Shashi Menon, founder and chief executive of UNXD, approached Dolce & Gabbana and pitched the idea to launch a digital collection. UNXD designed the virtual fashion pieces based on actual physical D&G designs, iterations of various dresses dripped in jewels, and sketches from D&G designers. There were only nine pieces in the collection, which came with physical couture items.

The highest-selling piece was The Doge Crown, which featured seven blue sapphires and 142 diamonds. It sold for an equivalent of $1.25 million at the time of auction.

This is a huge success and an example of a luxury brand taking a chance to explore Web3 and see how their community would respond to the NFT collection. The auction generated 1885.719 ETH, which is ~$6 million USD at the time of the virtual event.

By Elizabeth Morrison

Published:October 1, 2021



Dolce & Gabbana Sets $6 Million USD Fashion NFT Record


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