Hold On A / W 2 0 / 2 1 1 of Table Contents 1 Hold On: Trend Forecasting Agency 2 Market Research Overview: The Millennial 2.1 Current Market Analysis5 2.2 Market Share11 2.3 Factors Affecting The Market 17 Trend Concepts 3 4 5 Self Love 3.1 Introduction24 3.2 Mood Board26 3.3 Colour28 3.4 Fabric30 3.5 Details32 3.6 Silhouette34 3.7 Inspiration: Beauty36 3.8 Video38 Interstellar 4.1 Introduction40 4.2 Mood Board42 4.3 Colour44 4.4 Fabric46 4.5 Silhouette58 4.6 Inspiration: Tech50 4.7 Video52 5.1 Harvard Referencing Bibliography 55 5.2 List Of Illustrations56 EFMM6008 Trend Forecasting and Concept Development Trend Report Sophie Holden 1105675 2 Hold On Trend Forecasting Agency This report highlights two emerging AW 20/21 trends with the Millennial in mind. It is for the usage of designers and content creators to take inspiration for the forthcoming season. Influences come through in the form of colour, fabric and silhouettes. We encourage you to take these trends and develop them through your own initiative. Hold On, Stay the Course. 3 Market Research Overview: The Millennial 4 2.1 Current Market Analysis What is a Millennial? Generation Alpha Generation Z 1995-2012 Generation Y 1980s - 1995 Generation X 1960s - 1980s 2010s 2000s 1990s 1980s 1960s “Officially, the term “millennials was coined in 1987 by sociologists, Neil Howe and William Strauu, designed to refer anyone born between 1982 and the turn of the millennium.” (Jack Morton, 2018) “Anyone born between 1981 and 1996 (ages 22-37 in 2018) will be considered a millennial.” (Newsweek, 2018) In present, millennials are on two ends of spectrum. The higher and older end, are working or have their own business. The lower and younger end are in university or just starting working within their industry. 5 Racially Diverse “Millennials are the most racially diverse generation and arguably the most gender diverse, with conversations about non-binary terms of identity at the forefront. This is a cohort that understands, perhaps better than anyone, that most things in life simply can’t be defined as black or white.” (Department 26, 2017) 6 2.1 Current Market Analysis 1 in 10 identify as transgender or gender non-conforming A survey by GLAAD found that more than one in ten (12%) of Millennials actually identify as transgender or gender non-conforming, meaning they don’t identify with the sex they were assigned at birth. (Forbes, 2017) 7 8 2.1 Current Market Analysis Millennial Love Many millennials are doing something few in previous generations have done before: they’re starting to love themselves, exactly as they are. (Department 26, 2017) 9 The Millennial Spending Equation 13% less earnings In the UK, an April 2018 report by the Resolution Foundation found that the people in the UK born in the years around 1980 earned 13% less than those born around 1970 did at the same stage in life. (WGSN, 2018) 10 2.2 Market Share Millennials are a generation struggling to make ends meet. April 2018 research from Marks & Spencer found that the average UK Millennial has less than £1,000 in savings. (WGSN, 2018) 11 Who runs the market? Millennials. 1200 1000 Population in thousands 864 923 902 872 908 909 900 886 893 893 800 600 400 rs ye a 32 rs 31 ye a rs ye a 30 ye ar s 29 28 ye a rs rs ye a 27 ye ar s 26 rs ye a 25 24 23 ye a rs 0 ye ar s 200 Age This statistic shows a population breakdown of people between the ages of 19 and 32 in the United Kingdom as of 2017. In this year there was an estimated total of 12 million people belonging to this age cohort, which is sometimes referred to as the Millenial generation. (Statista, 2017) 12 2.2 Market Share 12 million out of 66 million (18.18%) of people in 2017 were a Millennial. (Statista, 2017) 13 The Millennial Impulse 95.1% of Millennials admit to impulse shopping. 1 in 5 (18.7%) admit to impulse shopping everday. £38.33 is the average spend on an impulse shop online. 81.3% said they shop online at least once a month. (Finder, 14 2.2 Market Share 15 16 2.3 Factors Affecting The Market Factors Affecting the Market Why are millennials so fickle with their money? What affects their spending choices? “With massive amounts of student debt and very short attention spans, Millennials aren’t going to buy into just anything.” (PopIn, 2018) Environment Social Loyalty 17 Environmental “Millennials are criticised for being selfish and entitled, but many are leading the way with the current eco-friendly trends.” (The Ecologist, 2018) “Millennials also love anything that’s trending. And right now, all things eco-friendly are bang on-trend. Reusable grocery bags, upcycled home décor and thrifted clothing are all trending topics that have made a tremendous impact on the way millennials live.” (The Ecologist, 2018) 18 2.3 Factors Affecting The Market 33% of consumers actively seek out and purchase from brands that they know to be: socially & environmentally responsible. Consumer demand for sustainable products that are ethically-sourced, good for the environment and made by brands that have shared core beliefs has never been greater. A January 2017 international study by Unilever found that 33% of consumers actively seek out and purchase from brands that they know to be socially and environmentally responsible. (WGSN, 2018) 85% of US Millennials claim to buy responsible products wherever possible. Millennials are leading the charge (according to Cone, 85% of US Millennials claim to buy responsible products wherever possible), as they combine a passionately-shared social consciousness with active spending power. (WGSN, 2018) 19 Social If it’s not on Instagram, did it even happen? Social media influencers such as Chiara Ferragni, an Italian fashion maven with 13m Instagram followers, set the trends and the pace has quickened. “They need more regular product, more drops, something new on Instagram,” says Helen Brand, UBS European luxury analyst. (Financial Times, 2018) 20 2.3 Factors Affecting The Market 81% of 18-24 year-olds use it (Instagram) on a daily basis. (WGSN, 2018) 21 Big companies have scrambled to adjust to millennial tastes. “Local, original, and what they can feel and trust are all good. Maybe there is a bit of a reaction to globalisation,” says Laurent Freixe. (Financial Times, 2018) 22 Loyalty 2.3 Factors Affecting The Market In January 2018, Aruba found that 66.3% of Millennials indicate they are more likely to shop from retailers where they are part of the loyalty programme, versus only 33.3% of Boomers. (WGSN, 2018) 66.3% of Millennials indicate they are more likely to shop from retailers where they are part of the loyalty programme This generation are having to be more selective in how they spend their money, focusing it on brands and categories that give them maximum value for money or even allow them to cut out areas of spending altogether. (WGSN, 2018) 23 Trend One: Self Love 3.1 Introduction 3.2 Mood Board 3.3 Colour 3.4 Fabric 3.5 Details 3.6 Silhouette 3.7 Beauty 3.8 Video 24 3.1 Introduction Introduction Self Love is a feeling. Of worth, of belonging, of being. To love yourself, exactly as you are. With your scars, your hopes and dreams, achievements and failures. It can be difficult, painful even. To accept it, just you; and who you are meant to be. The mood for this trend is open, loving, self-forgiving. The colour pallette is warm, neutral, naked. The fabrics are soft, floaty, slinky. Enjoy it as you please. 25 Self-Love noun ‘regard for one’s own well-being and happiness.’ Self-love is so important in today’s society, when the world is out to knock you down, rise above. The trend is all out embracing your flaws, understanding uniqueness and owning your body. Whatever your size, gender, body type, ethinicity, religion or nationality, you are beautiful within your own right. Love. Unique This is a safe space. Safe Your body is a wonderland. 26 Open 3.2 Mood Board Loving Scars to your beautiful. Acne is normal. Selfforgiving 27 Colour The colour pallette is warm, neutral, naked. CORE These colours should be relevant beyond A/W 2020/2021, with warm core colours being focused on to create single-colour statements. Use the tonal colours to create a natural yet sutble blend. PANTONE 12-1008 TCX Linen PANTONE 19-1724 TCX Cabernet PANTONE 20-0034 TPM Golden Egg PANTONE 11-4800 TCX Blanc de Blanc PANTONE 14-5002 TCX Silver PANTONE 18-4005 TCX Steel Gray PANTONE 20-0028 TPM Brass Knuckles PANTONE 12-2904 TCX Primrose Pink PANTONE 13-4304 TCX Ballad Blue PANTONE 17-4027 TCX Riviera PASTELS NEUTRALS PANTONE 13-1405 TCX Shell 28 3.3 Colour Mix and match to create a soft and seductive feeling. The overall look should be safe, open and calm. Bare in mind, nature and how self-love plays a factor in this trend. Finally, highlights of gold and glitter should bring the look together. 29 DETAILS CORE Fabric 30 Satin Cotton A satin fabric tends to have a high luster due to the high number of floats on the fabric. Cotton fabric is a textile fibres used throughout the world, due to the simplicity with which its fibres are spun in yarns. Crushed Velvet Brautsatin This very comfortable velvet fabric is lovely and stretchy, and features a fluffy texture and velvety sheen. This satin fabric is sure to impress thanks to its light and airy feel, its light weight and its fine hand. Chantilly Lace Mesh Chantilly lace is known for its fine ground, outlined pattern, and abundant detail. It can be used to create beautiful, soft detailing. Mesh is known for its super-fine and closely spaced holes. It can be used in for delicate and pretty panelling. Fine Tulle Lace Trim This wonderful fine tulle features very narrow pleats. Pair it with a lovely lining to whip up a breathtaking dress, top or skirt. Subtle thin ribbon with a cute floral design, can be used to finish or embellish clothing and lingerie. 3.4 Fabric 31 32 3.5 Details Details A Little Sparkle Add to the lustre by including sections of lace infused with sequins, rhinestones and sparkly appliques. Add romance throuh soft ruffles and open spaces that beg to be seen. Every Little Detail, It All Matters Don’t forget about the little things, small detailing that adds to the final effect. Small bows, hearts, rhinestones and coloured metalwork should all be considered. Think outside of the boz when creating silhouettes and reimagine the way things should work. 33 Silhouette The example silhouttes for this trend lean towards the lingerie market however it could be interpreted into a number of styles including general womenswear or sleepwear. The overall mood of the silhouette should feel loving towards the body, caressing it and allowing it to be at a balance with the one wearing it. 34 3.6 Silhouette 35 Inspiration: Beauty Packaging, simplified. “The simple fact about skin care? It’s undoubtedly benefiting and being influenced by the booming wellness and lifestyle phenomenon led by millennials. Natural continues to be on the rise as consumers become more knowledgeable and discerning about what they put on their skin.” (Drug Store News, 2018) Natural is the new sexy. “The simple fact about skin care? It’s undoubtedly benefiting and being influenced by the booming wellness and lifestyle phenomenon led by millennials. Natural continues to be on the rise as consumers become more knowledgeable and discerning about what they put on their skin.” (Drug Store News, 2018) 36 3.7 Beauty French Girl Organics “Sans chemicals, only botanicals.” French Girl offerings are organic, clean beauty products in beautiful Italian glass bottles. Whilst 100% vegan and cruelty free, they claim to help bring skin back to its natural equilibrium. (FrenchGirlOrganics.com) 37 Self-Love Trend Video 38 3.8 Video Self Love Credits: Editor: Sophie Holden Music: Ariana Grande "Get Well Soon" Republic Records Video/Photographer: Sophie Holden Ebony Barrett Models: Sophie Holden Laviea Thomas Julia Furnkranz Lexi Veleva External Video Credits: PEXELS VIDEOS.com "Sweat On Skin" "Blooming Rose" "Falling Red Rose" "Lighting a Candle" YOUTUBE.com "Winnie Harlow Photoshoot" "Scars To Your Beautiful" "Dove Campaign for Real Beauty" 39 Trend Two: Interstellar 4.1 Introduction 4.2 Mood Board 4.3 Colour 4.4 Fabric 4.5 Details 4.6 Silhouette 4.7 Tech 4.8 Video 40 4.1 Introduction Introduction Could there be life beyond the stars? David Bowie asked the question “Is there life on Mars?” first, in 1971. Prompting a number of more scientific questions. Are aliens real? How can we really be sure? Interstellar is a trend to make you think; What is out there, in the great unknown? The mood for this trend is space, slick, shiny. The colour pallette for this trend are bright, metallic, brazen. The fabrics for this trend are strong, rough, resilient. “Beam me up, Scotty.” 41 Interstellar adjective ‘occurring or situated between stars.’ Interstellar is the concept of life on mars, it is the belief that there is more than Earth and the final frontier begs for us to learn more. Fresh, vibrant, and demanding no mercy, this trend stands on it’s own. Let the colours and styles inspire and influence you to create something mesmorising and desired. 42 4.2 Mood Board 43 Colour The colour pallette is bright, metallic and brazen. CORE These colours should be relevant beyond A/W 2020/2021, with strong core colours being focused on to create bold single-colour statements. PANTONE 18-3944 TCX Violet Storm PANTONE 19-3940 TCX Blue Depths PANTONE 11-0602 TCX Snow White PANTONE 16-3850 TCX Silver Sconce PANTONE 20-0199 TPM Darkest House PANTONE 20-0159 TPM Fantasy PANTONE 20-0131 TPM Purple Sequin PANTONE 20-0114 TPM Magenta Lacquer PANTONE 20-0006 TPM Liquid Luster METALLIC NEUTRALS PANTONE 18-2045 TCX Pink Peacock 44 PANTONE 20-0002 TPM Ice Palace 4.3 Colour Mix and match to create a retro, bright, care free feeling. The overall look should be bold, brazan and resilient. Bare in mind how space and the theme of the great unknown factors into this trend. 45 DETAILS CORE Fabric 46 Lycra Foil Jersey A synthetic fiber known for its exceptional elasticity. Stretch jersey knit dressmaking fabric is a medium weight fabric and is very soft, slinky and drapey. Lurex Silver Pleather This plain weave fabric is processed with Lurex yarn and is particularly suitable for elegant evening or party outfits. Artificial leather is a material intended to substitute for leather in upholstery, clothing, footwear Crushed Velvet Mesh This very comfortable velvet fabric is lovely and stretchy, and features a fluffy texture and velvety sheen. Mesh is known for its super-fine and closely spaced holes. It can be used in for delicate and pretty panelling. Sequin Tears Shiny Organza Featuring sewn-on sequins, this fabric is set to impress with elegance and glamour. Fine organza with a subtle top layer shine. Great for festive clothing and creative decorative ideas.. 4.4 Fabric 47 Silhouette The example silhouettes for this trend lean towards the womenswear market however it could be interepreted into a number of other styles. The overall mood is futuristic, retro and experimental. Clashing shapes, styles and colours should not be scared off. Allow the user to feel uplifted by the brightness and strenght of the clothing. 48 4.5 Silhouette 49 Inspiration: Tech Although this trend is based around space and concept of the great unknown, it is seen to influence the tech industry, specifically within robotics. More and more robots are becoming readily available on the market, and affordable too. Could these be influenced by space and aliens. and the idea of them? “Pepper” - the emotional bot Inspired by aliens? He can gauge your mood and cheer you up - Pepper, the human-like robot goes on sale to consumers in Japan. Although limited in what he can do, his mass-market appeal is seen as crucial for the robotics industry. (DW, 2015) 50 4.6 Tech The Bot “The Samsung Bot Retail removes the need to actually interact with a human waiter or clerk. Of all Samsung’s robots, the Bot Retail most resembles a person. It comes up to midchest and has a square-shaped “head” with rounded corners that moves independent of the robot’s body.” (CNET, 2019) Vector Robot by Anki “More than a home robot, Vector is a companion made to help out and hang out. Powered by AI and advanced robotics, he’s alive and engaged by sight, sound, and touch. Curious and attentive, he’ll answer questions, take pictures, time your dinner, and more. Vector voice features are currently English language only.” (Amazon, 2019) 51 Interstellar Trend Video 52 4.7 Video Interstellar Credits: Editor: Sophie Holden Music: Babylon "Spaceman" Zoo EMI Group Video/Photographer: Sophie Holden Ebony Barrett Models: Lexi Veleva External Video Credits: PEXELS VIDEOS.com "Space Shuttle Launch" "CGI Astronaut" "Blurry Bokeh" "Video footage of The Moon" YOUTUBE.com "STS-192 Launch NASA" "Eclipse 2017" "Astronauts falling on the Moon" 53 54 5.1 Bibliography Bibliography ‘Are millennials ruining the environment - or saving it?’ The Ecologist, retrieved November 25, 2018, from <https://theecologist.org/2018/apr/20/are-millennials-ruining-environment-or-saving-it>. Church, W ‘The Millennial Self-Love Revolution’, Department26, retrieved October 18, 2018, from <http:// www.department26.com/opinion/2017/6/27/the-millennial-self-love-revolution>. Ciampaglia, DA 2018, ‘What is a Millennial? 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