MANAGEMENT

Detailed explanation-1: -Decline: The fourth stage of the fashion cycle when the market is saturated and popularity decreases. The fashion is overused and becomes dull and boring. As the fashion decreases in popularity, retailers mark down their prices. Promotions center around major clearance or closeout sales of the fashion.

Detailed explanation-2: -The obsolescence of a fashion trend. The final stage of a trend’s life cycle is called the obsolescence stage, during which a style becomes widely labeled as “out of fashion”.

Detailed explanation-3: -Which action is usually demonstrated during the rise stage of the fashion cycle? Retail fashion buyers order the items in quantity.

Detailed explanation-4: -The trickle-across theory is the world’s oldest and most accepted theory of fashion movement. The trickle across theory claims that fashion moves horizontally through groups at similar social levels. The increase in popularity of a fashion is almost always faster than its drop in popularity.