Saturday, October 1, 2022
HomeFashion NewsMust Read: How Gen Z Gets Into Debt, Reunite The 'Antwerp Six'

Must Read: How Gen Z Gets Into Debt, Reunite The ‘Antwerp Six’

These are the stories that are making headlines in fashion on Monday.

How Gen Z Gets Into Debt
For Elle, Andrea Cheng explores the ways TikTok, fast-fashion culture, and BNPL (buy now, pay later) options like Klarna, Affirm, and Afterpay are pushing Gen Z into debt. “What makes using BNPL so irresistible and more attractive than, say, a credit card, is that virtually anyone (i.e. with a bank account) can use it, regardless of whether you have bad credit – or any credit for that matter,” Chen writes. “So it’s easy to see why Gen Z, a demographic that may not have access to credit cards but has purchasing power for the first time in their lives, is a natural target.” {Elle}

The ‘Antwerp Six’ reunite
Five members of the “Antwerp Six” — Walter Van Beirendonck, Dries Van Noten, Ann Demeulemeester, Dirk Van Saene and Marina Yee — gathered for a rare reunion to answer students’ questions about the fashion industry, Business of Fashion reports. The group, gathered when Van Beirendonck retired as head of the fashion department at the Royal Academy of Fine Arts in Antwerp, discussed the pressure to be a designer and stay true to themselves. {Business in fashion}

Scroll to continue

Legislative sessions in New York state, packed with fashion-related bills, have stalled
New York state legislative sessions were closed last week and some fashion-related bills remain stalled, reports Kaley Roshitsh for WWD. The “Fashion Workers Act,” a bill banning PFAS in plain clothes, the “Fashion Act” (or Fashion Sustainability and Social Accountability Act), and the “Fabric Act” all remain on hold. {WWD}

The New York Times pulls Nikki Walton from CurlyNikki. in
Sandra E. Garcia interviewed Nikki Walton, the blogger, author, and advocate behind CurlyNikki, for The New York Times. Walton tells how she had a “what-it-all moment” in 2013 and put on hold the work she’d done in the beauty industry to advance the natural hair movement. Now a spirituality podcaster, Walton has a new deal with Spotify, and “sees her move into wellness and spirituality as the next logical step from the work she started in 2005, when she posted her thoughts on natural hair on online forums. ” writes Garcia. {The New York Times}

Want to be the first to hear about the latest news from the fashion industry? Sign up for our daily newsletter.

This post Must Read: How Gen Z Gets Into Debt, Reunite The ‘Antwerp Six’

was original published at “https://fashionista.com/2022/06/gen-z-debt-problem-tiktok-afterpay-klarna”

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments