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

These are the stories making headlines in fashion on Monday.

How Gen Z is falling into debt
For Elle, Andrea Cheng explores the ways in which TikTok, fast-fashion culture and BNPL (buy now, pay later) options like Klarna, Affirm and Afterpay are sending Gen Z into debt. “What makes using BNPL so irresistible and more appealing than, say, a credit card is that virtually anyone (with a bank account, that is) can take advantage of it, regardless of whether you have bad credit — or any credit at all,” writes Cheng. “So, it’s easy to see why Gen Z, a demographic that may not have access to credit cards, but, for the first time in their lives, have spending power, are a natural target.” {Elle}


Stephanie Saltzman

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