The partnership between Target and Hollister resulted in a multiseason collection that generated $16 million in gross merchandise value within the first five weeks, primarily from home goods. This collaboration marks Hollister's entry into home goods, showcasing customer acquisition success and strategic growth for both brands.
Company Information
Company
Target
Location
Minneapolis, Minnesota, United States
About
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center and by following @TargetNews.
SOURCE Target Corporation