Both retailers have long been utilized by bargain hunters for their affordable, trendy clothes, but H&M looks are so mass-produced you always run the risk of finding your evil twin at a party. And Target finds could occassionally look, well, cheap.
(There are exceptions to this, though. I bought a gorgeous purple dress from Target's Mossimo line a few years back for about $20, and I ended up wearing it for New Years. It was a huge hit, and very well made. Plus, nobody else had it or even had an idea of where I'd gotten it.)
But the reverse works as well; when I was at the Target shopping party, I saw women there who looked like it was the first time they'd gone past 5th Avenue in YEARS. I could just imagine them clutching their jewelry and repeating, like a mantra: "It's a recession. It's a recession."
This partnership between retailer and designer works out for all parties: the big name gets their looks out to people who may never been able to afford it before, the consumer gets high-end looks AND quality for less, and the retailer gets big sales, big names, and the customer who may have been just a bit too snooty for Target before.
They can just be content with calling it 'Tar-jaayyy, dahling.'
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