The Need For Fashion Forecasting - Deepstash
Deep Dive Into The Fashion Industry

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The history of fashion

The impact of fashion on society

The future of the fashion industry

Deep Dive Into The Fashion Industry

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The Need For Fashion Forecasting

The main purpose of the fashion and trend forecasting industry is to provide a desirable product that appeals to the customer's needs on time.

The fashion market only exists when a substantial number of customers buy the products.

57

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Fashion Trend Forecasting: Seasons

Six months before every season starts, the merchandising and design departments speculate on upcoming trends, collecting valuable data from professional agencies, taking into account the current season/weather conditions.

They ensure colours are matching the seasons, with pastel colours f...

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Karl Lagerfeld

"There's no fashion if nobody buys it."

KARL LAGERFELD

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Fashion Trend Forecasting: Consumer Research

Fashion Trend Forecasting: Consumer Research

Consumer feedback and suggestions are recorded by manufacturers to make the necessary tweaks to their product lineup.

Surveys are typically done by phone or customer feedback forms to find out about shopping habits, preferences, income and lifestyles.

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Fashion Trend Forecasting: Market Intelligence

Companies in the fashion industry have cut-throat competition and are turning to market intelligence to survive, sometimes at the expense of their competitors.

Conventional market research is no longer sufficient, and the real-time data provided by social media and online data research co...

57

550 reads

Fashion Trend Forecasting

Fashion Trend Forecasting

Fashion and trend forecasting is a process to predict the behaviour, buying habits and inclination of the consumer during a particular time of the year.

Apart from the age, geography, or income levels of the consumer, one has to look at the occasion, mood, beliefs, and fas...

87

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"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." ~ Warren Buffett

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Fashion Trend Forecasting

Fashion Trend Forecasting

Fashion and trend forecasting is a process to predict the behaviour, buying habits and inclination of the consumer during a particular time of the year.

Apart from the age, geography, or income levels of the consumer, one has to look at the occasion, mood, beliefs, and fas...

Fast Fashion

Fast Fashion

  • Fashion shifted to high gear in the last twenty years when trends started cropping up faster and clothes became inexpensive.
  • Shopping used to be an occasional indulgence earlier, but due to online shopping and rising income, it has become a hobby.
  • Fast fashion is ...

Why care about strategic messaging and positioning

Why care about strategic messaging and positioning

Product/market fit also means message/customer fit

Messaging is a key part of building any great company. Every business organization has a purpose and vision which leads it to develop products that solve the pain of specific types of customers (or create s...

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