THE WORLD OF FASHION MERCHANDISING

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Presentation transcript:

THE WORLD OF FASHION MERCHANDISING PowerPoint for THE WORLD OF FASHION MERCHANDISING By Vicki Shaffer-White Publisher The Goodheart-Willcox Co., Inc. Tinley Park, Illinois

Part 1: Basic Fashion and Business Concepts Chapter 2 Fashion Movement

Objectives: Explain the role of fashion leaders and followers in fashion movement State the theories of fashion movement Describe the stages and time spans of fashion cycles Analyze the main principles of fashion movement Compare factors that speed up or slow down fashion movement Relate the importance of fashion change

Understanding Fashion Movement Fashion movement is the ongoing change in what is considered fashionable from acceptance to obsolescence (the rejection of a fashion in favor of a new one) A fashion trend is the direction fashion is moving OBSOLETE

Fashion Leaders Confidence to start or accept new fashions Small number who dare to be different Trendsetters Noticed and imitated First to discover and display (wear) new styles Often public celebrities

Fashion Fashion Motivators Victims Role models of latest fashion Blindly follow May be wealthy Money does not buy taste or style May fall victim to prestige or acceptance at fashion’s expense

Fashion Followers Need time for fashion to be firmly accepted by majority before they will adopt it Fashions must become well-established May lack time, money, interest, and devotion to fashion Tend to admire and imitate Insecure about their own tastes or sense of fashion

Fashion Laggers Last to adopt a style or fashion Majority of people have already accepted the fashion May often find their apparel on sale as it is usually on the way to obsolescence

Do you think you are a fashion leader, fashion follower, or fashion lagger? Explain and use examples.

Theories of Fashion Movement Higher $ Royalty Rich White collar Blue collar Lower $ TRICKLE UP TRICKLE ACROSS TRICKLE DOWN Fashion trends start at the top of the “social ladder” Fashion trends start with the young or lower income groups Fashion moves horizontally through similar social levels

Trickle-Down Theory 18th-19th Century Source of fashion ideas designers catered to wealthy Fashion leaders highly visible elite served as models for lower class Direction down from elite class to working class Change of speed how quickly the lower class could obtain and copy the elite Dynamics of change drive for differentiation and imitation

Trickle-Up Theory Starts with young trendsetters May be lower income groups Fashion defined by street wear Examples may include: Tattooing, body piercing, “grunge” looks

Mass Market Trickle-Across Essentials Mass production Newest looks available quickly Fast-paced communication and mass media Style information available to all at same time Each social group has own fashion leaders

1960’s Trickle-Across Within group at similar social level Vietnam Civil rights Integration Mass communication Mass media Growing middle class Availability of quick, easy knockoffs Mass production makes fashion available at all price levels

ALSO KNOWN AS THE MERCHANDISE ACCEPTANCE CURVE The Fashion Cycle Peak Height of popularity; Worn by the majority of people (culmination) Rise Slowly increases in popularity Decline Decreases in popularity (saturation) Introduction New style is introduced (colors and textures) Obsolescence Discarded for a newer style ALSO KNOWN AS THE MERCHANDISE ACCEPTANCE CURVE

Swing of Fashion Popularity Before its time . . . 10 years before its time vulgar or indecent 5 years before its time bold or shameless 1 year before its time flashing or daring When currently in fashion smart or elegant

The Swing of Fashion After its time . . . 1 year after its time = tacky or dowdy 5 years after its time = hideous 10 years after its time = outrageous or outlandish 20 years after its time = funny 50 years after = odd 100 years after = charming 150 years after = gorgeous

Overall Fashion Cycle Variations . . . From Flop to Classic

Length of Fashion Cycles Long-run fashions Take a long time to complete cycle May have slow initial acceptance; longer time in popular demand Classics are long-run Short-run fashions Usually popular for only one season Label each picture

Principles of Fashion Movement Fashion is . . . Accepted or rejected by consumers Not determined by price Not determined by sales promotion Evolutionary, not revolutionary Or can be extreme, causing reversal or abrupt change

Factors that Speed Up Fashion Cycle Movement Mass media, modern communications Good economic conditions Increased competition Technological advances Social and physical mobility More leisure time Higher levels of education Changing roles of women Seasonal changes

Factors That Slow Down Fashion Cycle Movement Religion fashion may lead to corruption and temptation Laws/government regulations tariffs, quotas Disruptive world events droughts, wars, terrorism Bad economic conditions consumers have less money to spend Cultural customs passing down traditional clothing; not buying new

Do You Know . . . How important is fashion change? Whose job is it to forecast the direction fashion is moving and predict what styles will be accepted by the majority of consumers? How does the fashion cycle give clues to the ever-changing fashion movement?