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Question
Elucidate five stages of the “Fashion Cycle”.
Very Long Answer
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Solution
- Introduction of a style: Designers interpret their research and creative ideas into apparel and then offer the new styles to the public.
- Increase in popularity: As the new fashion is purchased, worn and seen by many people, it may begin to rise in popularity.
- Peak of popularity: When a fashion is at the height of its popularity, many manufacturers copy it or produce adaptations of it at different price levels.
- Decline in popularity: Eventually so many copies are mass produced that fashion-conscious people tire of the style and begin to look for something new. These declining styles are put on sale racks in the retail stores.
- Rejection of a style or obsolescence: In the last phase of the fashion cycle, some consumers have already turned to new looks, thus beginning a new cycle.
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