NEW YORK — Target believes American consumers are feeling more upbeat — and is planning an aggressive push for the holidays to make sure they stay that way.
“If you look at consumer sentiment, it’s ticked up,” Gregg Steinhafel, Target Corp.’s chairman and chief executive officer, told WWD at its second annual Media Day here. “Postelection, there will be less uncertainty. We work on a bipartisan basis and hope a [fiscal] compromise will be reached.
“I don’t see the guest racing ahead,” he added, speaking of Target’s customers. “The guest gets value. Our apparel business has been very healthy all year. We’re seeing signs and glimmers of hope.”
Steinhafel said he is somewhat optimistic about the holiday season because Target has a string of incentives planned and distinctive merchandise — from a special holiday gift assortment of accessories, nail polish and clutches in distinctive colors and packaging to the Target and Neiman Marcus holiday collection, which was kept under wraps in the next room of the presentation space until it was time for the big reveal, when a curtain parted and the dramatically lit products could be seen surrounding a larger-than-life-size red gift box.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18