Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology solutions into new luxury market segments like shoes, bags, and apparel.
The acquisition is expected to be finalized in the coming months, subject to customary closing conditions.
Perfect Corp. aims to enrich its digital solutions and reinforce its presence in the fashion tech landscape through this expansion.
After the acquisition, Perfect Corp. and Farfetch will have a collaborative relationship where Farfetch will continue to use Wannaby’s solutions.