These are the tales making headlines in trend on Friday.
“Purchase now, pay later” is driving Gen Z into debt
“Purchase now, pay later” cost choices — like Klarna, Affirm and AfterPay — are more and more popping up on e-commerce websites and in influencer sponcon. However whereas these point-of-sale loans are exploding in reputation, they’re additionally driving Gen Z into debt: Surveys point out that 43% of Gen Z customers have missed not less than one cost, with some suppliers charging as much as 30% APR on loans. Joshua Bote particulars the rising disaster for SFGate. {SFGate}
Snapchat may lastly crack digital purchasing
Although many manufacturers have already began experimenting with VR expertise to maneuver merchandise, nobody has managed to fairly crack the important thing to digital purchasing. Enterprise of Trend‘s Alexandra Mondalek stopped by Snapchat’s workplaces to check out their new VR expertise, and shares why she believes the app could be the closest to creating digital purchasing a well-liked actuality. {Enterprise of Trend}
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How indie sleaze went excessive trend
Ever because the time period “indie sleaze” began bouncing round TikTok in 2021, the late-aughts revival motion has been creeping its manner from area of interest corners of the web to the excessive trend world. For Elle, Véronique Hyland speaks with consultants — together with Mark Hunter, a.ok.a. The Cobrasnake, a.ok.a. the photographer from that period — to trace the return of indie sleaze. {Elle}
Jonathan Cohen opens first standalone pop-up
Nice information for followers of Jonathan Cohen: The designer has opened his first brick-and-mortar, standalone pop-up. Positioned on Madison Avenue, the 1,700-square-foot retailer has the Spring 2022 assortment, the primary supply of Fall 2022, and “unique one-of-a-kind items from The Studio, together with the return of males’s shirting.” It will likely be open till June 14. {Fashionista Inbox}
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