Good Afternoon and Happy New Year! 1/2/14 I hope you all had an awesome break! Today we are: – Looking at the fashion cycle Next week: – Marketing – Begin.

Good Afternoon and Happy New Year! 1/2/14

• I hope you all had an awesome break! • Today we are:– Looking at the fashion cycle

• Next week:– Marketing– Begin final project!

The Fashion Cycle

Lesson Objectives• Explain the fashion cycle• Discuss the role of fashion leaders• Identify theories of fashion movement• Discuss difference between fashion trends and

fads

What is “The Fashion Cycle”?

• Period of time or life span during which fashion exists

• Style - particular look, shape or type of apparel item

• Fashion – style that is popular during a given period of time

Stages of the Fashion Cycle

• Introduction• Rise• Peak• Decline• Obsolescence

Introduction Stage• Designs and styles previewed at major design

centers• Limited acceptance by consumers• Fashion leaders• Higher prices• Small quantities produced

Rise Stage• Manufacturers adopt designs and styles to

produce with less expensive fabrics or less detail

• More affordable and more availability• Acceptance by more people• Adaptations and changes• Mass production

Peak Stage• Fashion most popular

and accepted• Variety of fashion

versions• Variety of price levels• Length at this stage

determines if fashion becomes a classic

Decline Stage• Decreasing demand for the fashion• Fashion has “oversaturated” or flooded the

market• Consumers won’t pay high price for the

fashion• Retail markdowns occur

Obsolescence Stage• Consumers no longer

interested• Low price• Retailers not restocking• Manufacturers not producing

Life-Cycle Pattern• Rate of movement varies with each fashion• Based on consumer acceptance

Fashion Movement• Ongoing motion of fashions moving through the

fashion cycle• Classics – fashion that remain in the rise stage– Jeans– “little black dress”– Tailored suit

• Fads – fashions popular for short periods of time– Produced and sold at lower prices– Easy to copy– Moves quickly through fashion cycle– Sudden appearance and disappearance

Factors affecting fashion movement

• Consumer acceptance and desire• Economic acceptance - affordability• Social acceptance• Adaptations– Fibers , fabrics, textures–Color

• Marketing - Advertising techniques• Fashion Leaders

Theories of Fashion Movement

• Trickle-Down Theory• Trickle-Up Theory• Trickle-Across

Theory

Fashion Trend• Direction of

the movement• Depends on

where the fashion began

Trickle-Down Theory• Movement of fashion

starts at the top socioeconomic status of consumers

• Fashion then accepted “down” to the general public

• Oldest and most accepted theory

Fashion trendsetters

Fashion adopters

Trickle-Up Theory• Fashion movement starts

with lower socioeconomic levels

• Acceptance by consumers with higher incomes– Athletic apparel style– Jeans– Hair style– Punk style

Fashion adopters

Fashion Trendsetters

Trickle-Across Theory• Fashion acceptance begins among

several socioeconomic groups• All price levels at same time• Quality and lines vary• Most prevalent in 21st century -

technology