Tough Times for Yohji Yamamoto

On a busy Sunday afternoon during this past Art Basel weekend in Miami, the lone sales guy at Yohji Yamamoto’s Y3 on 40th street stood outside of an empty store. What seemed innocuous enough makes all the sense in the world when put in context of Yamamoto’s bankruptcy filing 8 weeks ago. Sometimes a smoke break at a boutique fashion label ain’t just a smoke break, it can also be indicative of the environment many businesses are operating in. Consumers still aren’t ready to shell out dollars on big ticket fashion items even on what is historically a good weekend for retailers. via {WSJ}

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