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Meghna experiences difficulties during her early days; she auditions several times and is rejected. Fashion received several awards and nominations at ceremonies across India. At the 54th Filmfare Awards, the film received 7 nominations including Best Director and won 2 awards; Best Actress for Chopra and Best Supporting Actress for Ranaut. It also won Best Actress for Chopra and Best Supporting Actress for Ranaut at the 56th National Film Awards. Several publications listed Fashion as one of the "best women-centric films in Bollywood". Fashion designers and brands have traditionally kept themselves out of political conflicts, there has been a movement in the industry towards taking more explicit positions across the political spectrum.

In the past, women produced the textiles either for home consumption or to trade with others. Today, this has changed as most textiles are not being produced at home. ] modern and are valued more than traditional goods, including the sarong, which retain a lingering association with colonialism. Now, sarongs are used only for rituals and ceremonial occasions, whereas western clothes are worn to church or government offices. Civil servants working in urban areas are more likely than peasants to make the distinction between western and traditional clothes. Following Indonesia's independence from the Dutch in the 1940s, people increasingly started buying factory-made shirts and sarongs.

The term fashion is plagued by its different uses, and by the unclear application of the concept. It signifies the latest distinction and trend, as well as the return of the old. While it may be defined by an insular and esteemed aesthetic elite, who make a look exclusive, this look is often using references from those excluded from making the distinction.

It was handmade for individuals, either as home production or on order from dressmakers and tailors. Modern Westerners have a vast number of choices in the selection of their clothes. What a person chooses to wear can reflect his or her personality or interests. When people who have high cultural status start to wear new or different styles, they may inspire a new fashion trend.