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Target celebrates new faces of Canadian fashion
TORONTO — Ahead of its 2013 debut, Target is building its presence in Canada with a new partnership with the Toronto Fashion Incubator for the annual TFI New Labels Fashion Design competition celebrating and supporting up and coming Canadian designers.
The winner will receive $25,000 and the chance to create an exclusive collection to be sold in Target stores across Canada in 2014.
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Cache loss widens in Q3
New York -- Cache reported Tuesday a loss of $6.4 million for the quarter ended Sept. 29, widened from a loss of $1.8 million in the year-ago period.
Sales dropped 5.9% to $45.8 million, and same-store sales declined 2.9%.
The retailer is currently on a hunt for a new president.