MANAGEMENT

Detailed explanation-1: -The most simple definition of trend forecasting is as such: Depending on one’s methods, it is the act of predicting fashion trends including colors, fabrics, silhouettes, patterns, styles, and more for clothing collections in upcoming seasons.

Detailed explanation-2: -Fashion forecasting is a global career that focuses on upcoming fashion trends.

Detailed explanation-3: -Trend forecasting in fashion aims to create a story using shapes, design elements, colors, fabrics, and trims. Trend forecasters make reports and mood boards that designers use to create new clothing and accessories for brands.

Detailed explanation-4: -The trend forecasting method is based on the linear regression technique of time series forecasting. Trend forecasting gives the best forecasting reliability when the driving factors of your business affect your measures in a linear fashion.

Detailed explanation-5: -For example, if there is a trend of constant sales each year with a decrease of sales in winter that is offset by an increase in the summer, a person might use this pattern to predict that sales will continue to be low in the winter.