A high fashion retailer should rely on
A)historical data to forecast next season's demand.
B)interpretation of industry trends and customer tastes to forecast next season's demand.
C)store-level POS data to forecast next season's demand.
D)distribution center withdrawals to forecast next season's demand.

Question

Quizplus · Accepted Answer

High fashion is largely driven by evolving trends and customer tastes, making interpretation of industry trends and customer tastes crucial for forecasting demand. Historical data, store-level POS data, and distribution center withdrawals may provide some insight but would not be sufficient on their own in predicting demand for high fashion items.

A High Fashion Retailer Should Rely on