Mika (pyro_fae) wrote in egl,
Mika
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Peace Now stores closing due to bankruptcy

According to the official blog for the Kyoto branch, Peace Now stores will be closing due to the company filing for bankruptcy. It seems this branch was the first to announce this, and an official statement seems to be pending. At any rate, most of the stores has closed.

Sources:
Official Kyoto branch: http://ameblo.jp/pnkyo/entry-11484852857.html
Yahoo! News jp: http://headlines.yahoo.co.jp/hl?a=20130307-00010003-fashions-life

UPDATE from their official overseas Facebook page and official USA site:
"As many of you have heard from various sources, Peace Now Inc Japan had filed for bankruptcy protection on May 6th 2013.

Peace Now USA operates independently from it's Japanese parent company, and we will continue to operate until further notice. Please note, we will no longer accept special order requests, and we will unlikely to stock additional products from here forward.

If you are a fan of Peace Now and Black Peace Now, this is probably the last chance and the only source to collect a piece of this iconic brand, and a piece of gothic lolita history.

Thank you for your continual support throughout these years.

From all of us at Peace Now USA."


My opinion: Rather sad since PN is one of the older brands I'm familiar with. Still remember seeing them in the early GLBs. The current state of the Japan's economy hit them pretty hard and I can definitely see why. Such a pity.
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