Fashionomics

FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009 FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009 FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009 FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009 FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009 FASHIONOMICS THE LONG AND THE SHORT OF IT: the hemline index, first developed in the 1920's by economist George Taylor, states that fashion trends, particularly skirt lengths, echo the state of the economy. Whether you're a trend setter or a casual observer, the fashion industry can teach us a thing or two about economics. "EVEN FOR THOSE DESIGNERS WHO LIKE SHORT, IT WAS HEADING TOWARD THE KNEES. I THINK THAT'S A SIGN THAT THE DESIGNERS ARE STILL FEELING THE RECES- the hemline index SION IS AROUND US..." -Harper's Bazaar editor, Glenda Bailey | FEB 2011 | 15000 11250 7500 和 3750 30's 50's 90's 10's THE DOW 20's 40's 70% 00's JONES INDUSTRIAL AVG. (ADJUSTED FOR INFLATION) AMERICA TIGHTENS ITS BELT [ largest decreases in women's retail sales ] OTHER SARTORIAL SIGNS: -$57 TIES SHRINK -$80 AS THE LIPSTICK ECONOMY -$118 SALES GO DOES UP, AS THE ECONOMY GOES DOWN 1998 2001 2009 LIPSTICK SALES NECKTIE WIDTHS APPAREL SALES I per woman in US 16 yrs +/ SOURCES: The Dow Jones Industrial Average III The New York Times "Hard Times, but Your Lips Look Great" MAY 2008 III The Telegraph "Ties get thinner, as economy shrinks" MAR 2009