The BoF Podcast: What the NFT Gold Rush Means for Fashion

Why Investors Are Betting on Lyst

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, MAY 15, 2021 Blue-chip investors are betting on Lyst's 'Spotify for fashion' vision and the economics it offers brands. The British label Amanda Wakeley has fallen into administration. British GQ editor in chief Dylan Jones is leaving the magazine after 22 years at the helm. Plus, tune into The BoF Podcast for a discussion on the NFT gold rush and the opportunity for fashion.

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TECHNOLOGY What the NFT Gold Rush Means for Fashion By BoF Team

The market for digital collectibles is booming. Opportunity or passing fad? READ MORE

TECHNOLOGY Why Investors Are Betting on Lyst By Vikram Alexei Kansara

This week, the platform raised an $85 million 'pre-IPO' round on the back of a fast-growing luxury e-commerce market and significant steps towards realising its 'Spotify for fashion' vision. READ MORE

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NEWS BRIEFS British GQ's Dylan Jones to Exit After 22 Years British Label Amanda Wakeley Falls Into Administration US Retail Sales Stall After Latest Wave of Stimulus Spending Report: JD.com Deepens Partnership with Douyin Argentina's Fashion Production Rises 68% in March Isetan Mitsukoshi Holdings' Annual Loss Totals $382 Million Shinsegae's Q1 Luxury Sales Up 58% as Demand Soars Owner of Avon, Aesop and The Body Shop Sees Q1 Losses Narrow Russian Online Retail Giant Lamoda sees Q1 Turnover Grow 40% On an Auspicious Day to Buy Jewellery, Indian Retailers Brace for a 'Washout'

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