the fashion cycle- the rise, widespread popularity and the decline in acceptance of a style
1. intro
2. rise action
3. culmination stage
4. decline stage
5. obsolescence stage
long run fashion- a fashion that takes more seasons to complete its cycle than what might be considered its average life expectancy. a.k.a. a classic
short run fashion- a fashion that takes fewer seasons to complete tis cycle than what might be considered its average life expectancy
when managers see sales drop they will have a sale.
accelerating factors to speed up a fashion cycle:
1. increased buying power
2. increased leisure
3. education
4.improved status of women
5.technological advaces
6.sales promotion
7. changes of the season
factors that slow down the fashion cycle:
1. habit & custom
2. sumptuary laws
3. nature of the merchandise
4. reductions in buying power
prophetic styles- interesting new styles that are still in the introductory phase of the fashion cycle.
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