Gucci will start accepting cryptocurrency payments at some of its US stores at the end of May. Visitors to outlets in New York, Los Angeles, Miami, Atlanta, and Las Vegas will be able to pay with digital assets, writes Bloomberg.
In the summer, this method will appear in all American stores of the brand. Initially, the company will accept 10 cryptocurrencies for payment, including Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, and Shiba Inu.
In February 2022, François-Henri Pinault, CEO of Gucci Kering owner, said that fashion houses have innovative teams that are exploring the possibilities associated with the metaverses and the Internet of the future - Web3.
At their lowest: China's exports experienced an unprecedented drop in April since 2020, against the backdrop of Shanghai's containment which is heavily penalizing activity, and the tightening of health restrictions in Beijing.