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From my impression when I was in Japan, Peach John was the hip young edgy brand (like Victoria's Secret 10 a while ago...VS is pretty mainstream now), and Wacoal is just a huge bra/underwear retailer for all ages. I have Wacoal JP stuff and I LOVE it...it is definitely still sexy tho maybe not as out there as Peach John. (Wacoal has a US line but all the designs are really boring.)
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