1. To acquire knowledge and understand application of forecasting techniques to determine market demands and acquire skills to make use of the forecast for design collections.
12.00
Unit I:
Introduction Fashion and Trend Forecasting
Meaning of Fashion & Forecast Role of forecaster
Precision of the forecast
Fashion industry components
Structure of the fashion industry
Fashion Time-Table
Information Network
Selling Strategy
12.00
Unit II:
Research Process in Forecasting
Primary Sources
Secondary Sources
Tertiary Sources
Tracking Sales
Competition
Demographics
Value and Lifestyle
Publication
Forecasting Services
Plethora Influences
Observation posts
New Technology
Fashion of involvement
New uses of Products
Old neighborhoods
Related Industries
12.00
Unit III:
Fashion forecasting agencies
Forecasting Agencies & their functions
Seasons collection
Interpreting the forecast in to the theme
Color Forecasting
Direction of Fashion change
12.00
Unit IV:
Selection theme based forecasting
Consumer Research
Steps in Developing a Forecast
Research theme
Use keywords
Explain keywords
Work on Indian market (casual, formal, party, leisure)
Inspiration board
Mood board
Seasonal trend analysis color, silhouettes and detailing, material and textures, print and graphics, accessories trend
Sales Forecasting
12.00
Unit V:
Process of Reporting
Presenting the Forecast
Objectives
Presentation Design as a Creative Process
Trend Reporting
Presentation Techniques
Avoiding Forecasting Traps
Essential Readings:
Brannon Evelyn L., “Fashion Forecasting”, Fairchild Books, New York, 3rd Edition, 2010
Perna Rita, “Fashion Forecasting”, Fairchild Books, New York, 1992
Mc Kelvey Kathryn and Munslow Janine, “Fashion Forecasting”, Wiley-Blckwell, 2008
References:
Raymond Martin, “The Trend Forecasters Handbook”, Laurence King, UK, 2010
Nirupama, Pundir, Fashion Technology-Today and Tommorow, Mittal publications, New Delhi, 2007.