Epic Games, the creator of Unreal Engine, and CLO Virtual Fashion, a market leader in digital apparel solutions and the creator of CLO and Marvellous Designer, today announced that their respective firms have acquired stock in one another.
“We strongly believe that digital garments will play a significant role in the future of digital entertainment and metaverse platforms,” said Simon Kim, CEO of CLO Virtual Fashion. “We are building toward a future where we imagine the digitization of everything, the convergence of fashion with entertainment and the metaverse. Our visions are aligned and we are committed to building the future that we envision.”
As a pioneer in the digital fashion sector, CLO Virtual Fashion offers a wide range of products, including 3D garment design software, a digital content management system (CMS) and a collaboration platform, as well as an open marketplace and community where thousands of real-life clothing designs are bought, sold, and displayed.
The goal of CLO Virtual Fashion is to increase the value of digital clothing in the industry by facilitating integrated workflows for 3D designers, character artists, animators, and fashion professionals alike. This will lead to games and metaverse platforms that feature realistic clothing options.
“Bringing high-quality digital fashion into real-time virtual worlds is complex and can be a creative barrier for digital fashion creators. It is exciting to see how CLO Virtual Fashion’s solutions work with Unreal Engine to help designers across industries make life-like digital fashion garments,” said Kim Libreri, Chief Technology Officer at Epic Games.