Converse and Target to Launch 'One Star' Exclusive Sportswear and Footwear Beginning Spring 2008
Target Stores Nationwide Will Feature Iconic Lifestyle and Vintage-Inspired Line
November 19, 2007: 04:00 PM EST
N. ANDOVER, Mass., Nov. 19 /PRNewswire/ -- Converse Inc. and Target Corporation have reached an innovative partnership agreement to offer One Star vintage inspired sport lifestyle apparel and footwear exclusively at Target stores nationwide beginning in February 2008. The One Star collection will be supported by an integrated marketing campaign. Select sportswear and footwear styles will also be available at Target.com.
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Earnings Preview: Target
Retailer Target Corp. reports its fiscal third quarter results Tuesday. The following is a summary of key developments and analyst comment for the period ended Nov. 3.
OVERVIEW:
Warm weather hurt Target's clothing sales in September, which led the company to cut its full-year profit outlook. It lowered its September and October same-store sales forecasts, saying sales had been unpredictable, and shopping was weak in the Northeast and Florida.
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