Japan Fashion Week Canceled

More sad news for Japanese fashion heads.

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In more devastating news, organizers have officially canceled Japan Fashion Week, due to many labels canceling or postponing their shows. Due to the insane tsunami that hit days ago, the retail market has sunk to 10.6% yesterday.  Uniqlo owner Fast Retailing's stock dropped 17.5% and Shiseido was down 9.18%. 

[via The Cut]

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