Articles
| Open Access |
DOI:
https://doi.org/10.55640/ijefms-9132
CONDITION ANALYSIS AND FORECASTING IN THE FASHION INDUSTRY: A COMPREHENSIVE STUDY
Agnieszka Klosowski , Wroclaw School of Banking, Finance and Management Department, Wroclaw, PolandAbstract
Condition analysis and forecasting play a crucial role in the fashion industry, enabling businesses to make informed decisions regarding product development, inventory management, and market positioning. This comprehensive study aims to analyze the current condition of the fashion industry and develop forecasting models to anticipate future trends. Through data collection, market research, and statistical analysis, key factors influencing fashion trends, consumer preferences, and market dynamics are identified. Various forecasting methods, including trend analysis, predictive modeling, and data mining techniques, are employed to generate accurate forecasts for product demand, market growth, and emerging fashion trends. The findings provide valuable insights for fashion businesses to stay competitive, optimize their operations, and meet the evolving demands of the market.
Keywords
Condition analysis, forecasting, fashion industry
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Copyright (c) 2023 Agnieszka Klosowski
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