BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Consumers start to lose interest in the trends.
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Promotion is focused on closeout pricing.
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Retail fashion buyers order the items in quantity.
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The price of the fashion goes up because of the increased demand.
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Detailed explanation-1: -The rise of a fashion trend The second stage of the life cycle is a trend’s rise to popularity, in which a style evolves from simply “new” to “trendy”. Today, this often happens with the help of celebrities and influencers who popularize a style either by paid promotion or genuine appreciation.
Detailed explanation-2: -Even so, the fashion cycle is usually depicted as a bell shaped curve encompassing five stages: introduction, rise in popularity, peak of popularity, decline in popularity, and rejection.
Detailed explanation-3: -The process by which a particular design, activity, color, etc., comes into some popularity and then phases out.
Detailed explanation-4: -PEAK STAGE DURING THIS STAGE THE FASHION IS AT ITS MOST POPULAR & ACCEPTED STAGE IN THE FASHION CYCLE. THE MERCHANDISE IS MASS PRODUCED & DISTRIBUTED. the prices are not necessarily at the lowest levels. Because so many versions of the fashions have been offered, the prices may vary at this stage.