
Target is going private. Not that kind of private — it’s adding a host of private brands that will receive an ad barrage.
The Minneapolis-based retailer last month debuted its new in-house womenswear label, A New Day, composed of versatile prints and patterns in modern aesthetics. But New Day is only part of the $69.5 billion chain’s aggressive strategy to return to growth by producing a dozen new private brands, the first of which are just now hitting stores.
“This is just the beginning of a long series of new, owned brands launching that will really differentiate and set Target apart in the marketplace,” says Rick Gomez, who was elevated to chief marketing officer of Target in January. Along with the new women’s line, Target also is introducing Goodfellow & Co., its first menswear collection; Project 62, a home line embracing the trendy mid-century modern design, which will begin selling this month; and JoyLab, a women’s fashion performance brand that will launch in October. To spread the word, Target is airing “More in Store,” an overarching brand marketing campaign that pushes the new labels, as well as its one-year-old kids’ brand Cat & Jack.
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