Must Read: CFDA Debuts NFT Collection, Why Fashion Needs Government Regulation

These are the stories making headlines in fashion on Friday.

CFDA debuts NFT collection
The Council of Fashion Designers of America is launching a metaverse initiative in honor of its 60th anniversary. The organization has worked with members on NFTs, some of which were revealed Friday, leading up to the full unveiling on Dec. 12. The collection will spotlight seven fashion houses and designers including Coach, Diane von Furstenberg, Michael Kors, Tommy Hilfiger, Vivienne Tam, Wes Gordon for Carolina Herrera and Willy Chavarria. They each come with various perks and benefits, and bids will start at $15,000 or $25,000. {WWD}