Explanation should include
- stages of the fashion cycle
- introduction
- rise
- peak
- decline
- obsolescence
- effects of these cycles
- pricing
- promotion
- target markets
- product modification
- effects of trends.
Process/Skill Questions:
- What are the stages of the fashion cycle?
- How do consumer behaviors react to the fashion cycle?
- How does the fashion industry react to the fashion cycle?
- What causes a style to move from one phase to another in the cycle?
- How does the economy affect trends in fashion?
- Why do some styles emerge from obsolescence and enter the fashion cycle anew?