A pretty good
explanation of the C86 phenomenon; the trend in UK indiepop that emerged in the 1980s, took its name from a NME compilation tape, and gave rise to labels such as Sarah Records, and later influenced everyone from Belle & Sebastian to the extensive US twee/indiepop scene of the 1990s and today. (found on LiveJournal)
C86 was a subculture and a fanzine culture (Kvatch, Sha-la-la and Are You Scared To Get Happy?). It spoke to alienated teenagers bored with mainstream culture and hooked on DIY lo-fi sensibilities, an almost asexual child-like affectation, Sixties pop and girl groups, seven-inch singles, bedsit socialism and a romantic, pastoral, holding-hands vision of England.
The influences are basically classic, melodic pop music from any era. The most obvious ones are The Go-Betweens, Aztec Camera, The Smiths and Orange Juice. Other icons include fanzine writers Matt Haynes and Clare Wadd (who set up Sarah) and Mathew Fletcher (the Talulah/Heavenly drummer who tragically committed suicide in 1996). Alan McGee would have been an icon if he hadn't committed so many crimes against pop music since.