BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bargain priced to encourage quick sale.
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Produced in large quantities in anticipation of an immediate rush of sales.
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Purchased in large numbers by retail fashion buyers.
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Usually accepted by only a small number of fashion leaders.
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Detailed explanation-1: -The first stage of a trend’s life cycle is initiated when the new style is introduced. This can be a silhouette, color, pattern, fabric, and more. During this stage, the origin of the trend typically finds itself at the hands of a major brand or designer during the on-season of Fashion Week.
Detailed explanation-2: -INTRODUCTION STAGE As the new styles, colors, or textures are first introduced, or begin the upward slope on the hill, a limited number of people accept them. Fashion leaders wear the styles, which are offered at high prices and produced in small quantities.
Detailed explanation-3: -Increase: The increase stage (also known as the “fashion acceptance” stage) is when the new fashion style begins gaining momentum and traction in the fashion industry, officially receiving the coveted “trend” label.
Detailed explanation-4: -Peak Stage: ® During this stage the fashion is at its most popular & accepted stage in the fashion cycle.