- Date
- 30 NOVEMBER 2022
- Author
- GLORIA MARIA CAPPELLETTI
- Image by
- CFS SUMMIT 2022 BY LABLACO
- Categories
- News
CFS Summit 2022: Render The Phygital Reality
The fashion industry is one of the most polluting industries in the world. With the rise of online shopping and fast fashion, there has been a corresponding increase in textile waste and the production of clothing emits 1.2 billion tonnes of CO2 every year, which is more than all international flights. If we consider that fashion production makes up 10% of humanity's carbon emissions, dries up water sources, and pollutes rivers and streams, we understand it is urgent to find solutions to make the fashion industry more sustainable. We desperately need to reduce textile waste, promote transparency in the supply chain, and create sustainable fashion products. In this scenario, the future of fashion in the web3 era, which is a mix of digital and phygital, seems to be one of the most promising solutions to this problem and innovative technologies have the potential to make a huge impact on sustainability.
CFS is the Web3 hub to fashion, science, and culture and it has been founded to explore solutions for a circular fashion system with the goal to create a roadmap that can be implemented by brands, retailers, and consumers. Connecting a network of key stakeholders from each portion of the fashion industry, it offers innovative solutions to its biggest challenges: waste, inequality, and cultural disconnect. Moreover CFS fosters sustainable growth by utilizing results-driven approaches to impact design, rethinking the limits of production, and transparency via blockchain.
The fourth edition of lablaco’s flagship VR event CFS Summit will be taking place at the SPIN Metaverse Grand Palais Éphémère from 8-11 December 2022. The event will bring together leading minds in VR fashion, science and culture to explore how Web3 is shaping the future of fashion with a tight focus on sustainable solutions in the luxury industry.
This year’s summit is focusing on the use of phygital retail – where a product or environment exists both physically and digitally. #CFS22 will explore how to unlock this rapidly evolving world, with a focus on phygital technology’s ability to achieve circular retail models, design inclusively and efficiently, and connect company culture to the creative zeitgeist of fast growing web3 communities. Phygital technology is becoming increasingly important, so be sure to attend this year’s summit to learn all about it!
This year's grand opening ceremony for the CFS Summit will include the Executive President of the Fédération de la Haute et de la Mode, Pascal Morand; and the Head of Digital and Multimedia at Grand Palais, Roel Amit; together with Lorenzo Albrighi and Eliana Kuo, Lablaco Co-Founders and Co-CEOs.
During the four-day #CFS22 event, guests are invited to engage in open discourse with industry peers and attend panels and workshops, which will explore culture, elevate fashion, and embrace science.
At the Grand Palais Éphémère in the SPIN metaverse, attendees will have the opportunity to engage in avatar-to-avatar VR networking, while 3D lidar scans of the building architecture have been produced and transformed into a 1 of 1 interactive phygital NFT co-owned by the French Government and lablaco.
Thought leadership topics include: creating digital humans, architecture the metaverse, phygital NFTs, art NFTs, luxury systems in Web3, catalyzing progress, and Web3 circular retail. Speakers include leaders from Vogue, Christian Louboutin, Financial Times, Cartier, Auroboros, Balmain, Ganni, Kering, Sotheby’s, Tommy Hilfiger, Crosby Studios, Jing Daily, OTB, Meta, Apple, Boston Dynamics, we at RED-EYE and more.
Additionally, each year CFS Hub selects ten designers to support with mentorship and Web3 technology; and ten innovators to create cross-industry pilots supporting independent designers. This year’s design catalysts include mlln, Dhruv Kapoor, Karoline Vitto, Raquel de Carvalho, SCRY, 8IGB Community Clothing, Chu Suwannapha, Wilsonkaki, bettter, and Published by. The innovator catalysts include The Remade, Heartdub, YOU MAWO, SPIN Connect, Pentatonic/Eileen Fisher Foundation, circular.fashion, Fibretrace, and PlatformE. CFS Hub is supported by Luxury Innovation Partner Kering, Retail Innovation Partner Galeries Lafayette, and Industry Partner Modem.
CFS Summit 2022 is also supported by a range of industry leaders including Community Partners AMEX and Meta; Academia Partner HEC Paris, Knowledge Partner PWC; and Science Partner ISKO. #CFS22 will also host a series of galleries featuring NFT art and fashion from ISKO, and Fondazione Sozzani. CFS Main Partners include Fédération de la Haute et de la Mode and Grand Palais.
“We are grateful for our third year of partnership between CFS and the Grand Palais, hosting the Summit entirely in virtual reality in the Grand Palais Éphémère digital twin, and in the form of a phygital NFT in the SPIN metaverse. We are actualizing our mission at lablaco to build a digitized and connected circular fashion industry, collectively alongside almost 100 cross-industry partners around the globe,” says Lorenzo Albrighi, Co-CEO and Co-Founder of lablaco.
“Web3 and Circularity are going to be two strong focuses for most of the luxury and fashion companies in 2023. This year, with “Render the Phygital Reality”, we are honored to have the most promising experts in the field to share their current development and solutions within web3 Fashion, Culture and Science spaces. We believe it will spark meaningful collaborations and kick off a clear path towards a digitized circular economy for fashion at large in the next few years,” says Eliana Kuo, Co-CEO and Co-Founder of lablaco.
