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Although the hype around non-fungible tokens (NFTs) has fluctuated, their impact on retail remains significant. Earlier this month, in a closely watched trial, a jury ruled against Mason Rothschild, the creator of the "MetaBirkin" NFTs, siding with luxury giant Hermès in its trademark infringement claim.

Rothschild wasn't the first to try combining fashion with NFTs —TiffanyPradaandPacsunand other brands have all ventured into this space — but his dispute with Hermès has sparked broad discussions about trademark law and the combination of art and commerce in the metaverse.

In this episode of The Backroom, Daphne Howland and Dani James discuss Rothschild's intention to appeal, the verdict's impact on the art world, and the broader strategies of brands in the virtual world.

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Editor's note: This episode was produced and edited by Caroline Jansen.