BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Introduction
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Rise
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Decline
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Peak
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Detailed explanation-1: -In this stage product costs are high and as a result only few consumers can afford it.
Detailed explanation-2: -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-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: -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. The cycle can reflect the acceptance of a single style from one designer or a general style such as the miniskirt.
Detailed explanation-5: -PEAK STAGE DURING THIS STAGE THE FASHION IS AT ITS MOST POPULAR & ACCEPTED STAGE IN THE FASHION CYCLE. THE MERCHANDISE IS MASS PRODUCED & DISTRIBUTED.