News Formal

Rakuten, eBay team up to test U.S. market for used Japanese fashion goods

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 180%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

The tie-up aims to capitalize on the currency effect and also a move toward bargain hunting as cost-of-living pressures around the world crimp spending

to test U.S. demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low.

In exchange for commissions on sales, eBay lists Rakuma’s selected goods for sale on its site, while a Rakuten-contracted vendor handles shipping and customer service in the U.S. “Because of the use of cases and covers and such, these second-hand goods are in quite good shape,” Hasegawa said. “To say something is ‘used in Japan’ gives some immediate value.”

Rakuten did not provide a sales target for the venture with eBay. Hasegawa said there has not been any feedback from the seven vendors yet, but if the trial goes well the goal would be to link up all Rakuma shops and users with eBay.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Revival in Japanese Stock Market Hinges on Domestic Demand Taking HoldJapan’s stock market needs to see more domestically-oriented companies step up their game to fuel further rallies, but the outlook for wages and the yen complicates the picture.
Source: BNNBloomberg - 🏆 83. / 50 Read more »