The hemline index is a theory that suggests that skirt length (hemlines) rise or fall along with stock prices. The most common version of the theory is that skirt lengths get shorter in good economic times (1920s, 1960s)[1] and longer in bad, such as after the 1929 Wall Street Crash. However, the reverse has also been proposed with longer skirts signaling prosperity (1950s).[2]
The theory is often incorrectly attributed to economist George Taylor in 1926.[3][4] Taylor's 1929 thesis Significant post-war changes in the full-fashioned hosiery industry, which identified skirt length as one factor that led to explosive growth in the hosiery industry during the 1920s, did not propose a hemline theory.[5]
Non-peer-reviewed research in 2010 supported the correlation, suggesting that "the economic cycle leads the hemline with about three years".[6]
Desmond Morris revisited the theory in his book Manwatching.[7]
See also
editReferences
edit- ^ Claire Brayford, "The Hemline Economy", Daily Express, February 13, 2008
- ^ James, Andrea (April 25, 2008). "Hemlines doing their part for the economy: tough times call for short skirts". Seattle Post Intelligencer. Retrieved March 20, 2011.
- ^ Tamar Lewin, The hemline index, updated, International Herald Tribune, October 19, 2008
- ^ See also Henrietta Prast "Fashionomics", Wilmott Magazine, June 2005, who cites Paul Nystrom in his 1928 monograph, The Economics of Fashion as the source of the theory.
- ^ "The Surprising Reason Why Skirt Lengths Have Changed Throughout History". InStyle. Retrieved 2021-07-10.
- ^ Marjolein van Baardwijk; Philip Hans Franses (2010). "The hemline and the economy: is there any match?" (PDF). publishing.eur.nl. Archived from the original (PDF) on 2012-03-06. Retrieved 2014-03-03.
- ^ https://e-space.mmu.ac.uk/632396/1/424749.pdf pp. 86-89
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