MANAGEMENT

Detailed explanation-1: -Price does not determine the acceptance and movement of fashion design, but rather creativity, uniqueness, and meaningfulness determine the fashion movement. Consumer acceptance or rejection determines the movement and direction of fashion.

Detailed explanation-2: -Consumers establish fashion by accepting or rejecting the Styles offered. The consumer is the end-user of the product, and they decide when the particular style is no more attractive and what style will be beautiful for the next period.

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: -A fashion trend’s life cycle can be divided into five stages, generally speaking: introduction, rise, peak, decline, and obsolescence. The life cycles of fashion trends today have changed; technology and social media have rendered them much shorter and less predictable than in the past.