Fashion’s Changing Relationship With BNPL

What Ethereum's 'Merge' Means for Fashion, UN Releases Xinjiang Report

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, SEPTEMBER 2, 2022 Retailers have some reservations about 'buy now, pay later' services, including who controls customer data. An upgrade meant to reduce the Ethereum blockchain's energy consumption has big implications for fashion's NFT craze. French DTC brand Sézane has secured funding from Bettencourt-Meyers family office Téthys, BoF has learned. Bucking retail trends, Lululemon raised its outlook, citing strong demand from high-income consumers. Plus, Ben Cobb, editor of ES Magazine and formerly at Another Man and LOVE, shares his career advice in How I Became... A Fashion Editor.

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TECHNOLOGY How Fashion's Relationship With Buy Now, Pay Later Is Changing By Sheena Butler-Young

Retailers signed on with instalment payment services to draw new shoppers and convince them to spend more. Some are having second thoughts about what happens to those customers' data once they click purchase. READ MORE

TECHNOLOGY What Is 'The Merge' and What Does It Mean for Fashion NFTs? By Marc Bain

BoF explains how a long-in-the-works upgrade to the Ethereum blockchain promises to solve one of the biggest hurdles to NFTs going mainstream — if its backers can pull it off. READ MORE

ENTREPRENEURSHIP Téthys Joins General Atlantic to Back DTC Brand Sézane By Lauren Sherman The Bettencourt-Meyers family office is taking a minority stake in the Paris-based fashion label, whose sales have skyrocketed in recent years. READ MORE

WORKPLACE & TALENT How I Became… A Fashion Editor By Sophie Soar and Shenel Wickramaratne Ben Cobb has held editor-in-chief roles at the likes of Another Man and LOVE, and helped launch Perfect Magazine last year. Now editor of ES Magazine, he offers his career advice for fashion journalists, from how to pitch stories to establishing connections within the industry. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Zales Owner Sees Steep Decline in Jewelry Priced $500 or Less Lululemon Lifts Annual Forecasts on Strong Demand From Affluent Customers UN Report Accuses China of 'Serious' Rights Abuses in Xinjiang Alibaba's Lazada Eyes Europe Push to Take on Amazon, Zalando Amorepacific Buys American Beauty Brand Tata Harper

BoF CAREERS

Discover Opportunities at Zalando At Zalando's Berlin headquarters, the company is hiring for an Ecommerce Lead, a Head of Buying Specialty, a Social Media Team Lead and a Junior Merchandise Planner and  among others. Since launching in 2008, e-commerce player Zalando has become one of Europe's most established online retail platforms. Zalando offers an assortment of over 650,000 products from more than 3,000 international brands and has 35 million active users in 17 countries. VIEW JOBS

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