slightly more information about the "go international" scheme...excerpts from today's wwd.
"Target is hoping its focus on style through design exclusives will protect it from Wal-Mart's price onslaught. The retailer faces difficult year-over-year comparisons in women's apparel, which has been a sales powerhouse the past two years.
Steinhafel described the women's business as "decent" in the third quarter, but said men's wear and children's wear were stronger performers.
Rafe for Target handbags have been "very, very well received from our guests," Steinhafel said. The company is working on designer collaboration for accessories, he said, without divulging a designer or time frame. He said the Go International program, which offers collections for 90 days only, would be the model for accessories launches.
Steinhafel said the company's four Go International projects this year — Luella Bartley, Tara Jarmon, Paul & Joe and Behnaz Sarafpour — have shown that offering a few pieces of many styles per store works best, as does adding new items every four to six weeks.
"We've evolved that particular set of tactics and we've seen results improve as we've gone throughout the last year," Steinhafel said.
Target has tapped Proenza Schouler and reportedly Paco Rabanne's Patrick Robinson for future Go International collections. The retailer declined to comment."