Prior to organizers officially canceling Japan Fashion Week, which was scheduled for next week, many labels had canceled or indefinitely postponed their shows. With the devastating tsunami having hit just four days ago, the news is expected.
Retail and beauty companies' stocks are tanking with the market, which was down 10.6 percent yesterday. Uniqlo owner Fast Retailing's stock dipped 17.5 percent, and Shiseido was down 9.18 percent.
Retail business has been crippled, also as expected. With rolling blackouts implemented in Tokyo to deal with the power shortage, many retailers are closing early and dimming lights, while some are telling employees to stay home due to the disruption of public transit. And of course fewer people are out shopping.
The knot in my stomach keeps growing with every new headline. It's all awful.
limited edition t-shirt collection by Franche Lippée online, so it's as good a way as others to offer support.
Update: Ok, apparently you can't donate at the NY store yet, but it sounds like they might be trying to set something up through their parent company pretty soon (blackouts are causing coordinating issues).