Which theory indicates that all styles rotate through five distinct stages?

The theory that indicates all styles rotate through five distinct stages is the Fashion Cycle Theory. This theory outlines a systematic progression of fashion trends, typically categorized into five stages: introduction, rise, peak, decline, and obsolescence.

During the introduction stage, a style is often introduced by designers and may be embraced by early adopters. As the style starts gaining popularity, it moves into the rise stage where it becomes more widely accepted by the general public. The peak stage occurs when the style is at its most popular and widespread, often saturated in the market. Following this, the decline stage sees a reduction in popularity as trendsetters move on to new styles. Finally, in the obsolescence stage, the style is considered outdated and is no longer in demand.

Understanding the Fashion Cycle Theory is crucial for fashion merchandising, as it helps professionals anticipate trends, manage inventory, and develop marketing strategies aligned with consumer behavior. The other theories, while relevant to aspects of fashion trends and innovation, do not encapsulate this specific cyclical progression of styles.