The global retail industry experienced a 23% drop in company filings mentions of metaverse in Q2 2023 compared with the previous quarter, with the highest share accounted for by Home Depot, according to GlobalData’s analysis of over 38 retail company filings. GlobalData’s Metaverse in Retail and Apparel – Thematic Intelligence report helps further understand the impact of metaverse on the apparel industry, the key trends and the leading retail companies in metaverse. Buy the report here.

Notably, metaverse was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of sports viewership and quantum computing, according to GlobalData.

Of the top leading companies in the retail industry, Home Depot had the greatest increase in references for metaverse in Q2 2023, compared with the previous quarter. GlobalData identified one metaverse-related sentences in the company's filings and an increase of 100% in Q2 2023 compared with Q2 2022. JD’s mentions of metaverse rose by 100% to 1.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for metaverse in Q2 2023 was 162.

For further understanding of GlobalData's Metaverse in Retail and Apparel - Thematic Intelligence buy the report here.

This content was updated on 17 July 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.