The document discusses consumer identification with fashion cycles and the adoption of fashion trends. It describes the traditional fashion cycle as proceeding through five stages: introduction, rise in popularity, peak popularity, decline in popularity, and rejection. It also discusses three theories of fashion adoption: traditional/trickle-down adoption where trends flow from high to low socioeconomic groups; reverse/trickle-up adoption where trends originate from lower groups; and mass dissemination/trickle-across adoption where trends emerge across multiple groups simultaneously.