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Nike Acquires Virtual Fashion Start-Up RTFKT

The company, which specialises in virtual sneakers and other accessories, was bought by the sportswear giant. The terms of the deal were not disclosed.
A pair of virtual sneakers produced by RTFKT. RTFKT.
A pair of virtual sneakers produced by RTFKT. RTFKT.

Nike has made a major investment in the metaverse.

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Marc Bain
Marc Bain

Marc Bain is Technology Correspondent at The Business of Fashion. He is based in New York and drives BoF’s coverage of technology and innovation, from start-ups to Big Tech.

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