I think fashion's gone through a major process of 'democratization' that it's been difficult for brands and other outlets of creativity to handle. But the process benefits most generations, it blends a lot of barriers that were easy to distinguish not that long ago. It seems we're still on that stage that goes uphill (?) where the access to something is new and exciting and most importantly, easy, you don't need a lot of brainstorming or rebellion or money to possess what you want, and for the same reason, there is little attention on discerning one's wishes from everybody else's wishes. This is palpable even in the music, the hedonistic tendencies that you see in the lyricism and sounds that the last 3-5 years have generated, references to the sun, light, beaches, stars.. I don't think current times are devoid of a specific place in.. history, or soft-spoken on what's around, they do have a voice but maybe it's the fact that it seems to intentionally not want to rebel against anything and just go with the flow what makes it seem like it means nothing?.
Anyway I think it's gone from transition to permanent state (as in pieces are only being assembled, you can't start any movement when no one's even got a role yet).. most interesting movements grow out of comfortable states like this, out of not wanting any more of that sameness.. but the economic cycle also has to allow that (or NOT allow that- this is confusing
).