The garment and textile industry in India has thrived for ages. The recent boom in fashion designing has created new prospects in garment and accessory design, satisfying both creative urges and materialistic needs.
To understand the fashion industry, one must master its foundational vocabulary and concepts.
The history of fashion helps designers and merchandisers make informed decisions for present and future trends by reinterpreting past ideas.
Fashion moves in a continuous cycle represented by a bell-shaped curve of time and sales volume.
| Stage of Cycle | Characteristics and Market Dynamics |
|---|---|
| 1. Introduction of a Style | Designers interpret research and creative ideas into apparel and offer new styles to the public. Created by changing elements like line, color, shape, or fabric. |
| 2. Increase in Popularity | As the new fashion is purchased, worn, and seen by many, it rises in popularity and attracts media attention. |
| 3. Peak of Popularity | The fashion is at its height of popularity. Manufacturers copy or produce adaptations at various price levels to meet high demand. |
| 4. Decline in Popularity | Mass production leads to saturation. Fashion-conscious consumers tire of the style and seek new looks. Declining styles are moved to clearance racks. |
| 5. Rejection or Obsolescence | The final phase where consumers have completely turned to new looks, beginning a new cycle. |
Fashion merchandising is the planning required to have the right merchandise, at the right time, at the right place, at the right price, and with the right sales promotion.
To interpret consumer demand, merchandisers must segment the market to focus sales efforts on those most likely to purchase.
| Segmentation Type | Basis of Division | Application in Fashion |
|---|---|---|
| Demographic | Population, Age, Sex, Occupation, Education, Income | Determines purchasing power and age-appropriate styling. |
| Geographic | Cities, States, Regions, Climate | Crucial for climate-dependent merchandise selection (e.g., winter wear vs. summer wear). |
| Psychographic | Lifestyle, Social Activities, Interests, Leisure Pursuits, Needs/Wants | Groups consumers with similar lifestyles and aesthetic preferences. |
| Behavioural | Opinions on products, usage rates, brand loyalty | Helps improve products and services based on consumer feedback and ratings. |
Retail structures vary based on merchandise type, store size, and target customers.
A successful career in fashion requires a combination of style, business acumen, and specialized education.
Learning the proportions and sketching techniques of a fashion figure (croquis) to communicate design ideas.