VeChain teams up with Lululemon to embed blockchain-based verification in apparel, boosting anti-counterfeit protection. Each product gains a unique digital identity through QR and NFC tech, ensuring authenticity and transparency. VeChain’s enterprise blockchain platform, ToolChain®, has collaborated with Lululemon in the Chinese mainland. The partnership focuses on strengthening the brand’s anti-counterfeit system by embedding digital verification into each product through VeChain’s blockchain-powered technology. The initiative reflects the growing global demand for secure authentication methods, as counterfeit products continue to flood international markets. The Organization for Economic Co-operation and Development reported that fake goods represented about 2.3 percent of global imports in 2021, worth nearly $467 billion. Founded in 2015, VeChain has positioned itself as a key blockchain ecosystem supporting real-world applications. Since 2017, over 300 enterprises have joined its ToolChain® platform, which runs on VeChainThor and offers blockchain-as-a-service (BaaS) solutions for business clients seeking traceability and digital trust. Keep building – enterprises and individuals are in the same level of importance in Web3 ecosystem. All for utilities. Crypto market needs this kind of real building story. https://t.co/vnwLRNoYyW — Sunny LU @VeChain (@sunshinelu24) October 23, 2025 VeChain Brings Transparency to Retail The collaboration will introduce QR codes and NFC tags, each linked to a secure blockchain record. Every jacket, hoodie, or pair of leggings will carry an immutable digital identity, allowing instant verification by customers. Sunny Lu, CEO of Vechain, explained that authenticity and trust form the foundation of today’s retail environment. He said, Through VeChain ToolChain®, clients can safeguard brands and deliver greater value to customers by ensuring every product they purchase is verifiable and authentic, as well as reducing fraud in the after sale market. VeChain’s system combines NFC chips, QR codes, and RFID technology to integrate data seamlessly. This model allows brands to maintain end-to-end visibility in their supply chains while reinforcing customer confidence through verifiable authenticity. Blockchain Reshapes Fashion Authentication Sunny Lu said that fashion companies are “motivated to reduce fraud, ensure authentic products are sold to maximize revenue and to create additional engagement and>IoT systems for authentication. Lu said, Lululemon’s adoption signals a maturing industry, where the value proposition is becoming clearer for legacy enterprises. Lu stated that the technology is already helping brands enhance post-sale engagement and track product performance, contributing to better transparency in resale and recycling markets. He mentioned that blockchain traceability plays an additional role in sustainability reporting, as companies can now merge sourcing and supply chain information to “verify product credentials.” Lu added, The partnership with Lululemon aligns with increasing global focus on traceable supply chains. VeChain’s VET is trading at $0.017, reflecting a 1.09% increase over the past 24 hours, according to the latest market data.