February 5, 2023

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WARNER MUSIC GROUP ANNOUNCES PARTNERSHIP WITH, AND INVESTMENT IN LEADING DIGITAL FASHION COMPANY, DRESSX

Collaboration Will Enable Admirers to Wear Electronic Style Traces Designed by WMG’s Roster of Artists

NEW YORK, Dec. 15, 2022 /PRNewswire/ — Warner Tunes Group (Nasdaq: WMG) today declared a partnership with and expense in DRESSX, a electronic trend retailer and the greatest digital closet with a deep determination to sustainable manner. The initial-of-its-variety partnership will give a system for select WMG artists to style their have virtual fashion lines.

In the arrangement, artists will collaborate directly with DRESSX to structure and start 3D and AR digital garments that followers can collect and get pleasure from across Instagram, Snapchat, and other system partners. The deal will enable artists to unlock new profits streams, although building further retailers for followers to showcase their fandom across many digital worlds.

Oana Ruxandra, Chief Digital Officer & EVP, Enterprise Improvement, WMG claimed, “The illustration of our upcoming electronic selves will be as essential and, if you are measuring by sheer quantity of interactions, maybe extra important than how we stand for ourselves bodily. As our digital identities become exponentially a lot more robust and impactful, we are targeted on setting up partnerships that will allow WMG and our artists. With its leadership in wearables and sustainability, DRESSX is exactly the style of associate we need to have sprinting along with us as we construct for the upcoming.”

“We are very very pleased to associate with Warner Audio Group and their incredible artists to carry on constructing and scaling the DRESSX meta-closet vision for the foreseeable future. Digital style is a visual language for speaking and making bonds on the net, and at DRESSX we use technology to present the utility for electronic wearables making use of augmented actuality, equipment mastering, and blockchain. Electronic merch and swag from musicians will absolutely be a element of the digital wardrobes of supporters, and it is really terrific to see that extra and much more stakeholders feel in this new domain that is previously modifying the fashion field at a scale. Just about every day, we are receiving nearer to our purpose of giving a meta-closet to every human being in the world, creating fashion obtainable to everybody by way of innovation and tech,” commented Daria Shapovalova and Natalia Modenova, co-founders of DRESSX.

Due to the fact the DRESSX launch in August 2020, the business has develop into the most significant system for electronic-only style, with extra than 3,000 digital products out there in the DRESSX library, and released the major AR style app on the industry. DRESSX has partnered with many primary tech, fashion, and way of living corporations, which include Meta, Roblox, Snapchat, Google, Coca-Cola, FARFETCH, and a lot more. The company’s experience in the electronic manner area cements its position amid WMG’s expanding amount of Internet3 collaborations.

DRESSX is fully commited to sustainable style, endorsing the electronic garment market place to give buyers with alternatives to showcase their model digitally. DRESSX fulfills its determination to sustainability by investing in science-based mostly analysis of the carbon footprint of its digital fashions. The corporation has pioneered the advancement of a carbon calculation methodology for electronic vogue and proposing patent, validated by The Carbon Accounting Business. Considering the fact that June 2021, DRESSX has been partnering with Stream Carbon to offset the carbon emission from all of its operational things to do, building the enterprise carbon neutral owing to offsets. To find out a lot more about DRESSX’s technique to sustainability and carbon footprint methodology click in this article.

Access accompanying photographs right here.

About Warner New music Team

With a legacy extending again above 200 many years, Warner Songs Group (WMG) currently delivers collectively artists, songwriters, and business people that are transferring leisure culture across the world. Operating in far more than 70 countries by a community of affiliates and licensees, WMG’s Recorded Music division includes renowned labels these kinds of as 300 Leisure, Asylum, Atlantic, Big Defeat, Canvasback, Elektra, Erato, Initially Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Data, Warner Classics, and Warner Audio Nashville. WMG’s songs publishing arm, Warner Chappell Songs, has a catalog of more than 1 million copyrights spanning each and every musical genre, from the requirements of the Great American Songbook to the most significant hits of the 21st century. Warner Music Group is also property to ADA, the unbiased artist and label services organization – as properly as up coming gen artist products and services division WMX, which includes customer brand names these as Songkick, the live new music application EMP, the merchandise e-tailer UPROXX, the youth lifestyle desired destination and HipHopDX, the hip-hop audio news web page. In addition, WMG counts storytelling powerhouse Warner Music Enjoyment and social media content material creator IMGN between its quite a few brand names. Follow WMG on Instagram, Twitter, LinkedIn, and Facebook.

About DRESSX 

DRESSX is a Metacloset of electronic-only outfits, NFT manner objects, and AR looks. A 12 months immediately after its launch, DRESSX turned the world’s greatest electronic vogue shop focusing on Gen Z and Millennials who demand from customers a new purchasing alternative – digital, sustainable, and economical. DRESSX electronic style was highlighted in Vogue Singapore, Vogue Small business, WWD, HighSnobiety, Forbes, Economic Situations and far more superior-profile media, with the addresses for L’Officiel Usa, L’Officiel Paris, L’Officiel Italy, Vogue Czechoslovakia,Vogue Singapore, Haute Dwelling, and a lot more. DRESSX has partnered with several main tech, manner, and life style businesses, which includes Meta, Roblox, Snapchat, Google, Coca-Cola, FARFETCH, and much more. The business was named one particular of the finalists of LVMH Innovation Award 2022 in the category 3D/Digital Merchandise Expertise & Metaverse. DRESSX is a feminine-led, female started metafashion organization. DRESSX major merchandise incorporate: internet site, NFT marketplace, and the DRESSX app. Abide by DRESSX on Instagram, Twitter, and be part of their Discord.

Media Contacts

For WMG
Steph Briffa
[email protected]

For DRESSX
Anastasiia Mala 
[email protected]

Resource Warner New music Team Corp.