Disaster Strikes in Japan: Tokyo Fashion Week Canceled

It is official, Tokyo Fashion Week has been cancelled due to the recent earthquake/tsunami disaster. According to several reports, the unreliable transportation, resource shortages, and general safety concerns are some of the main issues that led to the indefinite cancellation of the shows. Private showings of some of the collections are going to be held throughout the week and some will be shown online as well. This was going to be the twelfth year for the Tokyo's fashion week.

The Japanese retail industry is being greatly affected as well. Stores closed over the weekend and even after they reopened, foot traffic was down by 80%. Overseas brands that have stores located in Japan are taking a financial hit due to the recent natural events. Stocks for the country have plummeted greatly as well. Hopefully with all the donations and efforts of local designers, celebrities, neighboring countries, and other organizations, Japan will be able to recover from this tragedy and get back on their feet.

Text Lauryn Stone

Source(s): Style.com