Fashion Forecasting: Trends, Methods, and Key Components

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29 Terms

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Forecasting

Forecasting is the process of predicting future trends — what consumers will want to wear, buy, and use — based on research and analysis of past, current, and upcoming influences.

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Fashion

Fashion is the prevailing style or accepted mode of dress or behavior at a given time. It's how people express themselves through clothing, accessories, beauty, and lifestyle choices.

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Forecast

A fashion forecast is a detailed prediction of upcoming trends, including color palettes, fabrics, textures, silhouettes, and consumer lifestyles.

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Components of a Forecast

1. Theme - the concept or mood (e.g. futuristic minimalism, nature revival). 2. Color - seasonal palettes. 3. Textiles/Fabric - materials and textures. 4. Silhouette - overall shape or outline of garments. 5. Details/Trims - zippers, buttons, embellishments. 6. Target Market - who the trend is for. 7. Timing - when it will peak (season/year).

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Digest

A fashion digest is a summary or condensed report that highlights current and upcoming trends.

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Long-Term Forecast

Long-Term Forecast is a prediction for 2-5 years ahead focusing on major cultural shifts, lifestyle changes, technology, and economy.

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Short-Term Forecast

Short-Term Forecast is a prediction for 6 months-1 year ahead focusing on seasonal colors, fabrics, silhouettes.

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Style

A style is a distinctive characteristic or look in clothing or appearance.

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Trend Report

Trend Report describes current trends already in stores or streets.

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Fashion Forecast

Fashion Forecast predicts future trends before they happen.

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Trend

A trend is the direction in which something (a style, color, fabric) is moving, showing increasing popularity and consumer acceptance over time.

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Target Market

A target market is the specific group of consumers that a brand aims its products toward, based on shared traits such as age, income, lifestyle, and preferences.

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Demographics

Demographics are statistical data about a population, including age, gender, income, education, occupation, and family size.

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Fashion Forecasting Services

Professional companies that research, analyze, and sell forecasts to brands and designers.

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WGSN

Global trend forecasting and analytics.

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Fashion Snoops

Reports on design, culture, and retail.

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Trend Union (Li Edelkoort)

Long-term cultural forecasting.

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Doneger Creative Services

Color and lifestyle reports.

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Pantone

Color forecasting and trend palettes.

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The 5 Steps of Fashion Forecasting

1. Researching → gather information on past sales, cultural events, and street style. 2. Editing/Identifying Patterns → spot recurring ideas or styles. 3. Interpreting/Analyzing → determine why a trend is emerging. 4. Predicting → forecast what, when, and who will adopt it. 5. Communicating the Forecast → present findings visually (boards, reports, presentations).

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Life Span of a Style or Trend

1. Introduction → New and experimental. 2. Rise → Gaining popularity. 3. Peak → Widespread acceptance. 4. Decline → Overexposed, losing appeal. 5. Obsolescence → Out of style.

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Street Style

Fashion inspired by everyday people, seen on the streets rather than runways, reflecting youth culture, individuality, and real-life trends.

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Scientific Method

Uses data, sales history, and consumer behavior to make predictions; objective and analytical.

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Artistic Method

Uses intuition, creativity, and observation of culture and mood; subjective and interpretive.

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Decades Trends

Fashion styles connected to decades: 1920s - Flappers, Art Deco, fringe; 1950s - Full skirts, femininity; 1960s - Mod, mini skirts; 1970s - Boho, disco, denim; 1980s - Power dressing, neon; 1990s - Minimalism, grunge; 2000s - Y2K, low-rise jeans; 2010s-2020s - Streetwear, athleisure, sustainability.

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Sales Strategy

A plan for how to market and sell products to achieve business goals, including pricing, promotions, product placement, and timing.

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Fad

A short-lived fashion trend that becomes extremely popular quickly but fades just as fast; examples include Crocs charms, jelly shoes, silly bandz, or TikTok microtrends.

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Theme Forecast

A concept-based prediction built around a central mood, story, or inspiration that helps unify colors, fabrics, and silhouettes for a season.

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Steps to Create a Theme Forecast

1. Research cultural, social, and economic influences. 2. Develop the theme (create mood and message). 3. Select colors and materials that reflect the theme. 4. Identify key silhouettes and details. 5. Present visually (mood boards, presentations, storytelling).