Target Corp. is hoping a dash of Anna Sui’s downtown New York style will lure thrifty consumers.
As the discount retailer pushes to bring designer names to the masses, Sui will be the second participant in Target’s Designer Collaborations series.
Bowing on Sept. 13 on target.com and in about 250 select stores across the U.S., Anna Sui for Target will be available through Oct. 17.
The Designer Collaborations program features more established talents — Alexander McQueen was the inaugural designer — than the up-and-comers of Target’s Go International.
The new program also has an unusual conceit: designers draw inspiration from a collaborative partner, muse or creative element. Sui chose the four main female characters on the CW’s hit show “Gossip Girl.”
Sui, this year’s winner of the CFDA Geoffrey Beene Lifetime Achievement Award, has estimated annual sales of $20 million at wholesale, 14 global fragrance and cosmetics licenses and a 42-store franchise in China, Japan, Taiwan and Kuwait.
“I have always been a fan of designer partnerships with mass retailers,” Sui told WWD exclusively. “I think it is a great way to bring fashion to everyone. I love Go International and was intrigued with Target’s new take on designer partnerships. It’s a fresh approach. I was able to select a muse or source of creative inspiration to focus the collection around. It is an exciting challenge to try and interpret my aesthetic into a mass-produced product with a specific inspirational source as the focus.”
Target’s Go International initiative is sold in nearly all the chain’s stores and focuses on young or emerging designers. Names the retailer has featured in the past include Luella Bartley, Proenza Schouler, Behnaz Sarafpour, Rogan and Richard Chai. Industry sources have estimated the Go International program does more than $100 million in annual sales.
Despite initiatives like Go International, Target has never recaptured the fashion momentum it had when Isaac Mizrahi was doing an exclusive line for the retailer. In the last year or so, the Minneapolis-based chain has lost ground to Wal-Mart Stores Inc. as its comparable-store sales growth has slowed in the tough economy and it has been perceived as being more expensive than its rival.
Bill Dreher, an analyst at Deutsche Bank, said Designer Collaborations could be just the vehicle Target needs to regain momentum in the apparel area.
“Go International brings in designers that most people haven’t heard of,” Dreher said. “For the most part, it doesn’t have the broader audience appeal of Target’s historic successes like Isaac Mizrahi, Mossimo and Merona.”
So far, Target’s Designer Collaborations choices have both been well known among fashion consumers, Dreher said. “Go International is really for the hard-core dedicated ‘Sex and the City’ type of customer,” he added. “Anna Sui is a very big deal. She’s available at Saks Fifth Avenue and Nordstrom and all over the Internet. These are sort of hotter designers. They’re not sunsetting like Isaac Mizrahi [was when he first was signed].” The collaborative element further serves to broaden the audience of Designer Collaborations. ‘“Gossip Girl’ is very mainstream,” said Dreher. “Not only will it attract Anna Sui clientele, but ‘Gossip Girl’ fans. It’s going to appeal to a wide range of 15- to 34-year-olds. I love the cobranding of it and I love it that it’s names we’ve heard of. It covers a lot of bases.”
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