Fast Retailing, Mercari conclude comprehensive partnership agreement

23 Mar '21

1 min read

Pic: Shutterstock

Japan’s Fast Retailing and Mercari, operator of the Mercari marketplace app, recently concluded a memorandum on marketplace co-creation under which both companies will jointly pursue a range of measures to establish a safer and more secure environment for the buying and selling of Fast Retailing Group brand products on the Mercari marketplace.

Fast Retailing Group brand products are widely traded on the Mercari marketplace app, with UNIQLO items the most listed and purchased brand for the last three years.

Under the agreement, Fast Retailing and Mercari will closely cooperate to create an environment in which "all users can obtain the products they want, anyplace and anytime," Fast Retailing said in a news release.

By sharing product and launch information beforehand, and at the time of release for special new products, issuing reminders to customers and taking measures to counter rights-infringing products, the two companies aim to avoid confusion for their customers, and establish a safer and more secure trading environment.

Fibre2Fashion News Desk (DS)

More FAST RETAILING CO LTD News... More Retail News - Japan...