Fashion Forecast I
- What is Fashion Forecast?
- The prediction of consumer's buying habits based on their mood and beliefs
- No longer based on geographical graphs, consumer's age or income
- Why is it Important?
- To ensure that design planning is planned rationally and not based on hype
- To meet the demands of consumers with new products
- The evolving worldwide competition makes it necessary for companies to have trend details as accurate as possible
- How to Fashion Forecast?
- Styling Ideas
- Prophetic Styles
- Capture The Mood Of Times
- Signal New Trends
- Organising and Analysing Theories of Fashion
Drivers of Fashion Change
- Economic Change
- Cultural Change
- Globalisation
- Social Change
- Accessibility of Sophisticated Communication Technology
- Competitor Performance
The fashion Forecast Process
- The Mental Map
- Market Conditions
- Lifestyle Consumer Observation
- Sales Statistics
- Fashion Publications
Cultural Triangulation
- If the trend is happening in 3 different areas it is potentially a trend
- The social, cultural, economic, political and technological, forces shaping your market
- Through thought provoking investigations where your market or competitor are headed in the next few years
- Forecast of who, what, where and how your market will succeed in the future
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