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Day dresses came into vogue at the beginning of the twentieth century, and they sell in large numbers even today. Which statement correctly describes their fashion life cycle?

Sales peaked and then declined sharply, so day dresses are fads.

Day dresses continue to generate sales, so they follow the classic life cycle.

Day dresses have remained in the rise stage since their initial launch, so they are classics.

Day dresses became obsolete and designers reintroduced them to the market, so they are an extended fad.

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Their fashion life cycle is that Day dresses continue to generate sales, so they follow the classic life cycle. 
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Answer:

Day dresses have remained in the rise stage since their initial launch, so they are classics.

Explanation:

This is the correct way to describe the fashion life cycle of day dresses. Based on this text, we learn that day dresses were initially popularized at the beginning of the twentieth century, and their popularity continues to be significant nowadays. The "popular" stage of fashion is known as "rise stage." Therefore, we can conclude that day dresses have remained in the rise stage since their launch, and can now be considered to be classics.

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