Tuesday, 19 August 2008

indications of economic change????

Not everything in fashion means something, although some experts say that an economic slowdown pushes women toward nostalgic, conservative looks styles and always get more inventive and playful during successful economic times -- lots of colour, daring and unusual pairings.
So what do you wear to a recession? Black, for one thing.
As if anticipating the economic downturn, designers in Paris and Milan went in heavily for the colour of darkness at their fall shows. Call it austerity chic - or perhaps just a means of playing it safe in these uncertain times, when even the luxury market is showing signs of struggling.
YSL
Fall 2008 Ready-to-Wear




Another economic legend, asserts that falling hemlines identify a falling economy, while uncovered knees bring increasing stocks. Short skirts in the 1920s and 1960s correlated with boom times, while longer dresses in the 1930s and 1940s matched a bear market, according to Barron's Finance & Investment Handbook.
Economist George Taylor in 1926 formulated that the phenomenon called the “hemline indicator” linked skirt lengths to the stock market. High hems supposedly signified high times and low ones the opposite.

That analogy has long since been disproved, and hemlines have moved up and down the leg for many years, with no apparent link to Wall Street.

Still, current hemline options include more skirts that descend to the calf and below than we've seen of late. Longer skirts are making a smooth entry into the fall fashion market.
With skirts hitting at mid-calf, Dolce & Gabbana isn’t the only designer recreating the midi-skirt moment.



D&G
Fall 2008 Ready-to-Wear

Louis Vitton; Chanel; YSL

Fall 2008 Ready-to-Wear
Style.com

Could this be a sign of recession?

You can also read
Time
Daily Express

7 comments:

  1. My parents were in the fashion business and they always talked about the correlation between hem length and the economy. They also said that styles tend to be more classic and tailored in troubled times. Just goes to show that parents are not always right.

    And, no matter what is happening with the economy I am not wearing a midi skirt.;-)

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  2. Feels like a recession these days, doesn't it? Hopefully we all get through intact, and the turnaround comes soon.

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  3. i heard about the same correlation. i think people tend to buy conservative clothing thinking they want to wear it longer vs. when the good time is rolling people tend to splurge on fun things.

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  4. This post is very interesting, like the similar one before. I like how you analyse new trends to find some meaning.

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  5. Interesting article. Whether or not recession is happening yet in europe, I will always continue to wear lots of black.

    And oh, I think the strong lippie look would look great on you! I have just pulled out my dark dark lipstick and my really red ones (it's already getting colder here :( ).

    x Grayburn

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  6. Possibly; maybe people want sober styles right now. Hemlines past my knees don't really work on me, so I'll be "ignoring the recession" by wearing knee-length or above. I doubt anyone will notice.

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  7. I would agree with enc. A difficult look like the midi skirt is hard for everyone to pull off. So I see it as fashion forward. Whereas the above the knee suits most people, good seller on the shop floor. And No, I won't be wearing it either.
    xx

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