FOUR MAJOR ENVIRONMENTAL FACTORS WHICH AFFECT FASHION INTEREST AND DEMAND 2)THE ECONOMIC ENVIRONMENT The growth of fashion demand depends on a high level of economic development, which is reflected on consumer income, population characteristics and technological advances. Relationship between economics and fashion: Quentin Bell/ On Human Finery Most economically sophisticated countries discard their national costumes long before other nations begin to abandon theirs. England for example which led the Western world into industrial revolution, was the first country to stop wearing traditional national dress. According to Bell, Germany, Belgium, Denmark, Japan abandoned before Greece, Poland and Spain. China: Growth in economy abandoned unisex blue jacket and pant. 2)THE ECONOMIC ENVIRONMENT CONSUMER INCOME Personal Income: Many groups of people use the amount of personal income as an indicator of “arriving” in their particular social set. The total or gross income reveived by the population as a whole is called personal income. Wages, salaries, interests, dvidends, other income in a country. Per capita personal income: Personal income/Population Disposable Personal Income: The amount a person has left to spend or save after paying taxes. Provieds an approxiamtion of the purchasing power of each consumer during any given year. Discretionary Income: The money that an individual or family can spend or save after buying necessities-food, clothing, shelter and basic transportation. (Necessity-luxury, needs-wants) The Purchasing Power of Dollar: A verage income increases each year. But the purchansing power of a dollar steadily decreases. A decline in the purchansing power of money is called an inflation. Inflation is defined as an increase in available money and credit, with relative scarcity of goods, resulting in a significant rise in prices. 2)THE ECONOMIC ENVIRONMENT 2)THE ECONOMIC ENVIRONMENT 2)THE ECONOMIC ENVIRONMENT 2)THE ECONOMIC ENVIRONMENT Germany’s Houshold distribution 2)THE ECONOMIC ENVIRONMENT Population: -The size of total population and the rate of its growth -The age mix of the population and its projection to the future. affect the fashion demand. Size of population: The size of the population relates t the extent of current fashion demand. The rate of population growth suggets what Size of population: tomorrow’s market may become. Age mix: The age mix and its projection into the future affect the characteristics of current fashion demand and suggest what they may be in the future. Growth rate are not same for both sexes. 2)THE ECONOMIC ENVIRONMENT 2)THE ECONOMIC ENVIRONMENT 2)THE ECONOMIC ENVIRONMENT Turkey’s Population 3)THE SOCIOLOGICAL ENVIRONMENT To understand fashion, one needs to understand the sociological environment in which fashion trends begin, grow and fade away. Changes in fashion are caused by changes in the attitudes of consumers, which in turn are influenced by changes in the social patterns of the times. The key sociological factors influencing fashion today are leisure time, ethnic influences, status of women, social and physical mobility, instant communications, and wars, disasters and crises. 3)THE SOCIOLOGICAL ENVIRONMENT Leisure Time: -Most valuable because most scarce. -Demands of family and home compete with workplace’s demands. -Activities for fitness, regimen, community work, entertainment, relaxation, shopping, spectator sports, travel, self-improvement. -Increased importance of leisure time has brought changes to people’s lives in many ways-in values, standards of living, and scope of activities. -As a result whole new markets have sprung up. 3)THE SOCIOLOGICAL ENVIRONMENT Casual Living: Casual clothes and sportswear. The market developed in 1950s U:S. 3)THE SOCIOLOGICAL ENVIRONMENT Casual Living: Casual clothes and sportswear. Do your own thing in 1960s. -Casual look for men and women. 3)THE SOCIOLOGICAL ENVIRONMENT Casual Living: Casual clothes and sportswear. Jeans, slacks for women in 1970s. 3)THE SOCIOLOGICAL ENVIRONMENT Casual Living: Some dressed up for 1980s. Sportswear Aerobics 3)THE SOCIOLOGICAL ENVIRONMENT Casual Living: Casual fridays of the 1990s. 3)THE SOCIOLOGICAL ENVIRONMENT Active Sportswear Superstar of fashion market of the 1970s, 80s, 90s. (Health and fitness trend)Growth was phenomenal. From 1920s and on: Women’s tennis clothing, relaxing and sunshine. 3)THE SOCIOLOGICAL ENVIRONMENT Ethnic Influences: Minority groups Blacks Hispanics Asians Textiles and cosmetics 3)THE SOCIOLOGICAL ENVIRONMENT Status of Women: Jobs and money Staggering increase of women in USA since 1975. The dramatic increase in working women has led to asurge infashion interest, because a women who works is continously exposed to fashion. Financial pressurs and career satisfaction should keep the number of working women growing. 3)THE SOCIOLOGICAL ENVIRONMENT Status of Women: Education Better educated, willing tolearn new things, willing to try new fashions. Wider exposures to other cultures. Social Freedom Degree of social freedom since 1900s. In the late 19th century, middle class, educated women first began to wear suits as a symbol of their professionalism. 3)THE SOCIOLOGICAL ENVIRONMENT 3)THE SOCIOLOGICAL ENVIRONMENT Social Mobility Individuals chose either to stand out from or to conform to their actual or aspired –to class Middle class influence Relationship of growth and strength of middle class and fashion 3)THE SOCIOLOGICAL ENVIRONMENT Physical Mobility Encourages the demand for and response to fashion. Cross-pollination of cultures. Seeing other cultures living, travelers bring home a desire to adopt or adapt some of what they have observed and make it part of their environment. Faster Communications 3)THE SOCIOLOGICAL ENVIRONMENT War, disaster and crisis 4)THE PSYCHOLOGICAL ENVIRONMENT 5 Basic Psychological Factors that influence fashion demand 1)Boredom People tend to become bored with fashions too long in use. Boredom leads to restlessness and a desire to change. In fashion, the desire for change expresses itself in a demand for something new and satisfyingly different from what one already has. 4)THE PSYCHOLOGICAL ENVIRONMENT 5 Basic Psychological Factors that influence fashion demand 2)Curiosity Curiosity causes interest in change for its own sake. Highly curious people like to experiment, they want to know what is around the next corner. There is curiosity in everyone, though some may respond to it less dramatically than others. Curiosity and the need to experiment keep fashion demand alive. 4)THE PSYCHOLOGICAL ENVIRONMENT 5 Basic Psychological Factors that influence fashion demand 3)Reaction to Convention People’s reactions one of two forms: Rebellion against convention or adherence to it. Rebellion against convention is characteristic of young people. This involves more than boredom or curiosity. It is a positive rejection of what exists and a serach for something new. However acceptance by the majority is an important part of the definition of fashion. The majority tends to adhere to convention, either within its own group or class in general. 4)THE PSYCHOLOGICAL ENVIRONMENT 5 Basic Psychological Factors that influence fashion demand 4)Need for Self-Assurance Often the need to overcome feelings of inferiority or of disappointment can be satisfied through apparel. People who consider themselves to be fashionably dressed have an armor that gives them self-assurance. Those who know that their clothes are dated are at a psychological disadvantage. 4)THE PSYCHOLOGICAL ENVIRONMENT 5 Basic Psychological Factors that influence fashion demand 5)Desire for Companionship The instinct for survival of the species drives individuals to seek a mate. Fashion plays its part in the search for all kinds of companionship. Companionship implies formation of groups, which require conformity in dress as well as in other respects. Flamboyant or subdued, a person’s mode of dress can be bid for companionship as well as the symbol of acceptance within a particular group. Ref: Book: Dynamics of Fashion