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For companies that need to do a design assignment whether it's creating a new product or pretty much anything else regarding design, it is a great help to gather information outside the company. In the end everyone will benefit of each others core competencies.

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Q: What are the importance of fashion forecasting?
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What is fashion forecasting?

Fashion forecasting is the prime issue underlying the issue of trends. It is not an occupational guessing game because very substantial amounts of money of the fashion industry are at stake. It. Is a vital activity where experienced fashion analysts scrutinize past buying patterns signs for current market dynamics and project these into the future. There are forecast agencies that collect facts pertaining to consumer buying patterns, activities and occasions for which clothes are needed, their priorities, reading habits etc. this is done through liaison with stores, retailers and wholesalers fashion professionals also rely on information sources such as design, colour and video Services, newsletters, books, magazines and websites. In order to gear up for the season to come, the fibre and textile producers must start new developments almost two years in advance, clothing and accessory manufacturers must have their products ready well in time months before the consumers' wearing season. Without well-judged projections of designs, colours and fabrics by the forecasters, the producers would not be able to sell in large quantities of unsold to be disposed through discount sales, the importance of the forecaster in trend analysis becomes invaluable.Fashion forecasting is process where we try to get consumers mood towards the next selling season to avoid loss and we can plan our marketing in advance. One of great fashion forecasting companies are f-trend.com, wgsn.com. They are global leader in accurate trend forecasting companies.


The importance of a fashion show for a fashion designer?

A fashion show is a chance for a designer to show off their collection and overall creativity level. Often the media are at catwalks, if the media like a collection they can help the Fashion Designer begin to take their career in design further by creating publicity.


Discuss the shortcomings of the percent of sales method of financial forecasting?

The percent of sales method of forecasting needs to based on a series of assumptions, and the forecasting would heavily relay on the percent of sales as the key tool for forecasting. Furthermore, the percentage of sales for the next period cannot prevent the forecasting result from the expectations of the investors.


Relationship between market demand market potential and sales forecasting?

demand forecasting is crucial for sales forecast


What is macro and micro forecasting?

Macro forecasting is related to forecasting external forces that affect the firm. This is concerned with forecasting the markets and determining market demand, supplies and other external factors such as legal, cultural, economic and technological environmentsMicro forecasting is concerned with forecasting internal environments such as sales forecasts, market share and product life cycles. These can be described as factors which firm has control over or able to acquire information to forecast what will happen. For example, a company can check its sales records to forecast next months' sales

Related questions

What is fashion forecasting and why is it done and what all details of fashion are covered in fashion forecasting?

Fashion Forecasting in simple terms is predicting after a lot of research and analysis , what is going to be in fashion the next season. pretty much everything is covered including colors, silhouettes, styles, fabrics, accessories. etc.


What is importance of maps and pictures in geography?

in navigation in planning in forecasting


What are the limitations of the demand forecasting models?

the limitations of the demand forecasting include the following: change in fashion consumers Psychology uneconomical lack of experts lack of past data


What has the author Katherine Power written?

Katherine Power has written: 'Who what wear' -- subject(s): Fashion design, Forecasting, Fashion, Beauty, Personal


What is the importance of fashion in our life?

for masti


What is an example of fashion trend forecasting?

An example of fashion trend forcasting would be predicting that neon colored socks and black shoes will be the big trend for Spring 2012.


What is fashion forecasting?

Fashion forecasting is the prime issue underlying the issue of trends. It is not an occupational guessing game because very substantial amounts of money of the fashion industry are at stake. It. Is a vital activity where experienced fashion analysts scrutinize past buying patterns signs for current market dynamics and project these into the future. There are forecast agencies that collect facts pertaining to consumer buying patterns, activities and occasions for which clothes are needed, their priorities, reading habits etc. this is done through liaison with stores, retailers and wholesalers fashion professionals also rely on information sources such as design, colour and video Services, newsletters, books, magazines and websites. In order to gear up for the season to come, the fibre and textile producers must start new developments almost two years in advance, clothing and accessory manufacturers must have their products ready well in time months before the consumers' wearing season. Without well-judged projections of designs, colours and fabrics by the forecasters, the producers would not be able to sell in large quantities of unsold to be disposed through discount sales, the importance of the forecaster in trend analysis becomes invaluable.Fashion forecasting is process where we try to get consumers mood towards the next selling season to avoid loss and we can plan our marketing in advance. One of great fashion forecasting companies are f-trend.com, wgsn.com. They are global leader in accurate trend forecasting companies.


What is the importance of fashion in Islam?

we should be modest in what ever we wear


How do you do fashion?

Fashion forecasting can be done by analyzing trends, domestic and international events, news, Economics, demographic situation, customer desires, expectations and purchases. Basically everything that can influence how people will dress in future.


How do you do fashion forcasting?

Fashion forecasting can be done by analyzing trends, domestic and international events, news, economics, demographic situation, customer desires, expectations and purchases. Basically everything that can influence how people will dress in future.


What has the author R Gausden written?

R. Gausden has written: 'The importance of income volatility in forecasting aggregate consumers' expenditure in the U.K' 'Real wages and employment'


what is importance of fashion?

knowfashionstyle is an online shopping store for women clothing and accessories featuring Dresses, Jumpsuit, Tops, Bottoms, Swimwear, Bags rb.gy/jiffhn