Ralph Lauren is making a splash in the crypto scene by accepting a variety of cryptocurrencies at its chic and trendy Miami Design District store. Embracing South Florida’s vibrant culture, this marks a milestone for the brand as its first-ever store to welcome crypto payments.
Partnering with BitPay, a leading crypto payment service, the store is set to accept a wide range of cryptocurrencies. Shoppers can use popular options like Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC), but the list doesn’t end there. Ralph Lauren is also catering to Dogecoin (DOGE) and Shiba Inu (SHIB) enthusiasts, along with other cryptocurrencies such as ApeCoin (APE), Bitcoin Cash (BCH), Dai (DAI), Euro Coin (EUROC), Gemini Dollar (GUSD), Litecoin (LTC), Pax Dollar (USDP), USD Coin (USDC), and Wrapped Bitcoin (WBTC).
To accommodate the fluctuating nature of crypto values, any refunds will be provided in the same cryptocurrency used for the original payment, adjusted to match the total dollar amount of the return.
According to Vogue Business, on top of embracing crypto payments, Ralph Lauren is joining forces with Web3 community Poolsuite, formerly known as the internet radio station Poolsuite FM. This collaboration’s initial venture features a distinctive Ralph Lauren x Poolsuite NFT, which will be gifted to around 3,000 Poolsuite community members. These exclusive NFTs will unlock access to a lavish party at a private waterfront Miami estate as part of a three-day launch event later this month.
Incorporating local art into the store design, an eye-catching mural inspired by the Women’s Collection Spring 2023 campaign adorns a wall of the iconic Museum Garage near the store.
So, if you find yourself in Miami and want to indulge in some retail therapy using your favorite cryptocurrencies, make your way to Ralph Lauren’s groundbreaking new store at 170 NE 40th Street. The store’s hours are Monday to Saturday, 11 AM to 8 PM, and Sunday, 12 PM to 6 PM. Get ready for a unique and exciting shopping experience, crypto aficionados!
Featured Image via Pixabay