
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
