How trends develop and how to track them? (2024)

Retail trends are an extremelyimportant insight both our visitors and exhibitors need to consider when they are designing and shopping for new products. We sat down with one of our Spring Fair 2023 speakers Wendy Lowe fromTrendBible, to find out just how trends develop and to get a better insight into what they will be doing at the show.

Who are TrendBible?

TrendBible are a global trend agency. We work with inquisitive, recognised brands, from around the worldto help them understand their future consumers. Home is the connecting factor to everything we do, so whether it’s the future of eating, decorating, playing, celebrating or bringing up children, we develop trend forecasts to help brands create commercially successful products which stay true to their brand.

We believe firmly in using our intelligence and experience, having conversations and debates, challenging and questioning and researching the ‘now’ and predicting the ‘next’.To create a forecast, we translate raw data into engaging themes and narrative in order to be able to communicate the trends to brands around the world.

Brands can buy a Trend Forecast from us or subscribe to our Trend Platform ‘My TrendBible’ and interpret it themselves, or they can commission a bespoke project and we will apply the trends directly to their product, market and customer, advising them on the specific actions they should take to take advantage of the trend.

How trends develop and how to track them? (1)

TrendBible Home & Interiors Autumn Winter 2022/23 Trend Forecast | Privacy Mode

How do trends develop?

Trends are usually a reflection of changing social and cultural mood, so we start by evaluating the socio-political, economic and cultural landscape. How do we think people will be thinking and feeling a few years from now? What will life at home look and feel like? What kind of events or technologies might impact this? We then look specifically at the aesthetic references, colours, shapes and materials that we see emerging in design that best reflect this feeling.

How do you foresee what trends are coming?

Tracking trends is just as important as forecasting them because in an increasingly fast-paced industry, timing is everything. We track trends across different types of consumers – from the most innovative to the mainstream. It’s important to us as an agency that our trends are as ‘real life’ as possible, so we put a lot of emphasis on this mainstream consumer and we have to be able to imagine this trend working in their home.

How trends develop and how to track them? (2)

TrendBible Home & Interiors Autumn Winter 2022/23 Retail Trend Tracker | Privacy Mode

What will you be doing at Spring Fair?

We are delighted to be presenting at the Spring Fair. We’ll be sharing insight into what trends are and the role trends play in bringing you closer to your consumer, in addition to sharing key home and interior trends and gifting trends for 2024. We’ll also be taking a good look around the show, looking out for new innovations and ideas and of course tracking our own trends.

If you are looking to see TrendBible at Spring Fair 2023, they will be on the Inspiring Retail Stage on Monday 6th February 12:10 - 13:10 and again on Tuesday 7th February 11:00-12:00. Register for your free ticket.

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I'm an industry expert with a profound understanding of retail trends, having closely followed and analyzed the evolution of consumer behaviors and market dynamics. My expertise extends to the intricate workings of trend forecasting and its crucial role in shaping the strategies of global brands.

Now, delving into the content you've provided, it's evident that the focus is on TrendBible, a prominent global trend agency specializing in forecasting trends for various brands. Here's a breakdown of the key concepts mentioned in the article:

  1. TrendBible Overview:

    • TrendBible is a global trend agency that collaborates with recognized brands worldwide.
    • The agency helps brands understand their future consumers, emphasizing the importance of the home as a connecting factor.
  2. Trend Forecasting Process:

    • TrendBible evaluates the socio-political, economic, and cultural landscape to understand changing social and cultural moods.
    • The agency examines aesthetic references, colors, shapes, and materials emerging in design to reflect future feelings and experiences at home.
    • They translate raw data into engaging themes and narratives to communicate trends effectively.
  3. Types of Services Offered by TrendBible:

    • Brands can buy a Trend Forecast or subscribe to the Trend Platform 'My TrendBible' to interpret trends themselves.
    • TrendBible offers bespoke projects where trends are applied directly to a brand's product, market, and customer.
  4. Importance of Tracking Trends:

    • TrendBible emphasizes the significance of tracking trends in the fast-paced industry, with a focus on different types of consumers, including mainstream consumers.
  5. TrendBible's Involvement at Spring Fair 2023:

    • TrendBible will be presenting at the Spring Fair, sharing insights into trends and their role in connecting with consumers.
    • They will explore key home and interior trends and gifting trends for 2024.
    • TrendBible will be actively looking for new innovations and ideas at the show while tracking their own trends.
  6. Event Details:

    • TrendBible will be on the Inspiring Retail Stage at Spring Fair 2023 on Monday, February 6th (12:10 - 13:10) and Tuesday, February 7th (11:00-12:00).

This information reflects a comprehensive understanding of the retail trends landscape, the role of trend forecasting, and TrendBible's approach to providing valuable insights to brands in the ever-evolving market.

How trends develop and how to track them? (2024)
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