Metaverse Archives - ME Retail News

Metaverse might be failing, Gartner reveals

June 30, 2023

Retailers are not rushing into the metaverse as it doesn’t live up to their expectations, according to analyst firm Gartner. The document titled Emerging Tech: Adopter Anti-patterns – Metaverse Use…

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Saudi retail sector to benefit from metaverse, Meta Platforms says

May 10, 2023

Metaverse technologies have the potential to boost various Saudi sectors including retail, according to a new study from Facebook parent Meta Platforms. The study suggests that Metaverse is going to…

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How metaverse can revolutionise retail experiences

March 28, 2023

While Metaverse is still in its infancy, its potential to bring immense benefits to brands and retailers is becoming apparent, according to Chander Damodaran, CTO of American big data analytics…

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5G and metaverse to drive Mena e-commerce growth

March 27, 2023

As the metaverse is expanding, 5G in the UAE and Saudi Arabia is set to further propel e-commerce activity, according to a report by research consultancy Euromonitor, in collaboration with…

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Chalhoub Group launches Web3-native footwear brand

March 22, 2023

Chalhoub Group launched a footwear brand in the metaverse on Tuesday. Called Sol3mates, the brand will manufacture trainers in limited numbers. To buy products, consumers must purchase a non-fungible token.…

Market Snapshots News

VR and digital payments to transform GCC’s retail sector

March 22, 2023

The Middle East’s e-commerce market will grow by 12.58 per cent on an annual basis to reach $116.8 billion this year, a study by Business Wire found. “The B2C e-commerce…

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Clinique launches virtual lab in Middle East

March 22, 2023

American skincare and cosmetics brand Clinique has launched a virtual lab in the Middle East, augmenting its metaverse strategy. The opening of a digital environment where customers can create custom…

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Perfume retailers smell new opportunities in the metaverse

February 27, 2023

As metaverse is gaining universal appeal among omnichannel retailers, its newest creation – ‘metaverse of senses’ – could prove a bonanza for perfume companies. Officials of the Auralink synaesthetic technologies…

Features

Mall of the Metaverse: step inside a virtual retail world

February 24, 2023

Last week, UAE retail giant Majid Al Futtaim announced it will launch the ‘Mall of the Metaverse’, which will be a virtual shopping mall. The mall will be located, according…

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Majid Al Futtaim announces mall of the Metaverse

February 15, 2023

Mall of the Metaverse is set to open its doors in Dubai. UAE retailer Majid Al Futtaim made the announcement was made on the sidelines of the World Government Summit…

Metaverse might be failing, Gartner reveals

Saudi retail sector to benefit from metaverse, Meta Platforms says

How metaverse can revolutionise retail experiences

5G and metaverse to drive Mena e-commerce growth

Chalhoub Group launches Web3-native footwear brand

VR and digital payments to transform GCC’s retail sector

Clinique launches virtual lab in Middle East

Perfume retailers smell new opportunities in the metaverse

Mall of the Metaverse: step inside a virtual retail world

Majid Al Futtaim announces mall of the Metaverse

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