Fashion Weak?

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Betsey Johnson lost her label last year but still has a show at New York Fashion Week, which starts in less than seven days. Smurfette also has show. Band of Outsiders is hosting a scavenger hunt instead of a show. Chris Benz, Rachel Roy, and several others are sitting out this season. Has Fashion Week jumped the shark? Our sister site thinks yes, perhaps it has. Thoughts? [Racked]