Old Navy has launched a collaboration with Bored Ape Yacht Club for a limited edition unisex T-shirt. The collaboration marks another instance of NFT intellectual property IP licensing between NFT projects and a major clothing brand. The 100% cotton shirt features a graphic of BAYC #7285 and comes in ‘Bored Ape,’ which is a darker gray shade. The shirt will be primarily sold online through Old Navy’s parent company, GAP, at a retail price of $19.99 USD. This collaboration is also significant as Old Navy has found a suitable place in the NFT and legacy fashion world, making its garments timeless for decades to come.
The complete Old Navy collection is rumored to have six different Bored Apes, 11 Mutant Apes, one CryptoPunk, and six CLONE X NFTs from RTFKT. Interested parties can visit GAP’s website to purchase the Bored Ape shirt.
Licensed NFT Shirts
Old Navy Debuts a Limited Edition T-Shirt with Bored Ape Yacht Club
Trend Themes
1. NFT Clothing Collaborations - The trend of NFT intellectual property licensing opening up unique opportunities for collaborations between NFT projects and clothing brands.
2. Limited Edition Fashion Merchandise - The trend of limited edition fashion merchandise gaining popularity with the integration of NFTs, allowing brands to create exclusive and collectible items for their customers.
3. Blurring of Digital and Physical Assets - The trend of NFTs and physical merchandise blurring the lines between digital and physical assets, creating new possibilities for the future of retail and fashion.
Industry Implications
1. Fashion and Apparel - The fashion and apparel industry can explore collaborations with NFT projects to create limited edition merchandise and mint NFTs for their products.
2. Blockchain and Cryptocurrency - The blockchain and cryptocurrency industry can leverage NFTs to create new revenue streams and partnerships with traditional industries like fashion and retail.
3. Retail and E-commerce - The retail and e-commerce industry can integrate NFTs into their product offerings, allowing customers to own exclusive and collectible items, driving sales and brand loyalty.