My first reaction: I don’t think this is going to make a blind bit of difference to anything. Fashion Week was over years ago. If anything, this will perhaps prompt a re-invigoration of the phenomenon. If they just move the circus….. Meh.
My second reaction: It confirms what we have known for a while, but it may also be the beginning of a domino effect. If New York Fashion Week falls apart, then London won’t be far behind, and then what?