Fast Retailing joins Taobao to boost China's online fashion market

摘要

Taobao and Fast Retailing announced a strategic partnership to launch the online sales business of Uniqlo's casual wear products in China. Uniqlo is a casual wear retail brand under Japan's Fast Retailing, while Taobao is a Chinese consumer e-commerce company under Alibaba Group. The partnership serves as an important step for the Japanese retailer, which had 21 offline stores in China by mid-2008 but limited online presence locally, to make inroads into the growing online Chinese consumer market, according to a press release from Alibaba Group.