Do Fast Fashion Retailers Follow Runway Trends?
It is a universally acknowledged truth that fast fashion retailers look towards fashion designers as inspiration for their future collections.
And why wouldn’t they? In the past, fashion shows were often closed off to the mass consumer, but in this age of information – even the average joe will have some concept of key fashion periods and access to all the looks shown on every runway. This has created a demand amongst mass consumers for in-trend apparel and who better to meet those demands than fast fashion retailers?
Yet in the last few years we have seen seismic changes in technology that has had ripple affects throughout the fashion industry. Even celebrities, both traditional and social media grown, are launching their own collections of make-up and clothing.
So, are luxury brands still the main point of reference for fast fashion retailers or are they looking elsewhere for inspiration?
Based on the array of patterns showcased on the runway, the most prominent patterns featured were Sequins, Stripes and Plaids/Checks.
From Left: Monse, Victoria Beckham, Gucci
According to Vogue, these are predicted to be Spring/Summer 2018’s most coveted colours as featured by designers:
From Left: Peter Pilotto, Michael Kors, Gucci, Anna Sui, Moschino
From Left: Tadashi Shoji, Tadashi Shoji, Coach, Tibi
From Left: Tom Ford, Ralph & Russo, Oscar de la Renta, Ralph & Russo
From Left: Salvatore Ferragamo, Valentino, Kiton, Valentino
From Left: Marc Jacobs, Marta Jakubowski, Lacoste,Marc Jacobs
From Left: Alexander McQueen, Louis Vuitton, Georges Hobeika, Fendi
How did fast fashion retailers respond to the Spring/Summer 2018 collection? We analysed the stock assortments of two brands – Zara and Forever 21 – both known for their fast turnaround speeds on Omnilytics to see if there were visible changes between the peak of the 2017 Autumn/Winter season to the start of the 2018 spring/summer season.
Sequins Were Sizzled Out
Whilst seen in most luxury designer collections, it seemed Sequins were not favourable in terms of stock count for both Zara and Forever 21. At Zara, 22 in relevance to its total 12,665 SKUs marked only 0.17% of their total SKUs. In addition, they chose to reduce that amount to 16 SKUs for their January/February collection, indicating a choice of not following this featured trend.
Forever 21 was the same, where stock was reduced from 86 to 80 SKUs. Perhaps the change in stock reflected the upcoming festive season and the need for glitzy clothing, especially during the months of November – December.
Stripes Stayed Strong
Interestingly, both Zara and Forever 21 chose to increase their SKUs for Stripes as seen in the chart above. While this could be an indication of both retailers increasing their stock in correspondence to the Spring/Summer 2018 trend, it’s important to note that Stripes were stocked conservatively in comparison to their total SKUs.
Let’s look at the numbers. Zara’s Stripes collection only make up 1.6% of their total SKUs, while at Forever 21, it was a meager 0.9%. Could this imply a lack of confidence of Stripes ever appealing to mass consumers?
Colours Performed Best
For Spanish retailer, Zara, there was a clear increase in product count for trending colours, predicted during the Spring/Summer season.
The same was evident for American classic, Forever 21.
The obvious increase in SKUs for colours is evidence that retailers follow trends exhibited on runways. Perhaps it’s because colours are a more “neutral” and versatile selection in comparison to collections with specific designs and patterns.
The Key Takeaway
Based on the findings above, it is evident that fast fashion retailers do follow some trends featured on major runway, albeit selectively. Colour trends are more likely to be adopted as compared to patterns, providing consumers with more versatile options and a higher sellout rate. Yet fast fashion retailers still continue stocking up on in-trend items, perhaps to meet the demands of the fashion conscious consumer.
Keen to know if it’s worth following the runway for your next collection? Drop us an email at firstname.lastname@example.org and we’ll be in touch!
You might also like
Newly Revamped Support Centre: What We Upgraded
Having access to the right tool and maximising its full potential does not always go hand in hand, but that is the goal here at Omnilytics. Your success is important to us, as we believe that data insights could propel retail businesses while minimising risk at every stage. With this in mind, we doubled down […]
What Our Customers Are Saying About Us
Omnilytics strives to continuously bolster our customers’ decision-making with actionable insights delivered in the most efficient manner. The response we’ve received from brands and retailers have been instrumental to continuously develop and innovate our technology based on – what our customers love and want more of. With this in mind, we invite our customers to […]
5 Tips for Tackling the Holiday Sales Season
The significance of the holiday sales season in the midst of a pandemic is not lost on retailers. With cases rising each day, a new round of lockdowns has been imposed across pockets of Europe, Asia and Australia. Despite worries of reduced spending, the recent success of Single’s Day and Amazon’s Prime Day proved consumer […]
Why the Future of Fashion is Sustainability
Sustainability has always been on the top of fashion’s laundry list. One of the most polluting industries in the world, fashion emits more waste than the flight and shipping industries combined. Beyond its environmental effects, the industry has also been accused of multiple ethical malpractices in its workforce, often sourcing from third-world countries where thousands […]
11.11 Sale 2020 (SEA): How Top E-tailers Maximised Sales
Singles’ Day 2020 was a resounding success despite Covid-19 and a bleak economic outlook in Southeast Asia. This year’s Singles’ Day sale or regionally better known as 11.11, surpassed last year’s numbers in record time as consumers latched onto discounts offered by marketplaces such as Lazada, Shopee and more. What is Singles’ Day? Singles’ Day […]
Year-End Sales Tactics to Push Sell-Through
As we edge closer to December, fashion brands and retailers are anticipating another major retail event – the year-end sales. Aside from Black Friday and Single’s Day, the year-end sales are a long-standing promotional tactic used by retailers to clear remaining inventory of the season or a final push to hit sales targets for the […]