Fashion
Fashion, by definition, changes constantly. The change may proceed more rapidly than in most other fields of human activity (language, thought, etc).
For some, modern fast-paced change in fashion embodies many of the negative aspects of capitalism: it results in waste and encourages people to buy things unnecessarily.
Others, especially young people, enjoy the diversity that change can apparently provide, seeing it as a way to satisfy their desire to experience "new" and "interesting" things. Fashion can also enforce uniformity, as in the case where so-called Mao suits became the national uniform of Mainland China.
Designers, as well as high-status consumers (including celebrities), appear to have some role in determining the rates and directions of change.
Your style can suggest or signal status in a social group. Groups with high cultural status like to display their position. People who do not keep "in style" within a so-called "tribe" can risk shunning (peer pressure).
Because this often requires considerable amounts of money, your "look" can be used to show off wealth. Adherence to trends can thus form an index of social affluence and an indicator of social mobility.
Your style can help attract a partner, but, perhaps even more importantly, it sends a signal of superiority to potential competitors of the same gender, who are frequently better informed about what's fashionable than the potential mates are.
"Fashion sense" consists of the ability to tell what clothing and/or accessories look good and what doesn't. Since the entire notion depends on subjectivity, so does the question of who possesses "sense".
View the sexiest clubwear, beachwear, and lingerie.
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