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Target (TGT -0.1%) lands another big name in the fashion world with Prabal Gurung agreeing to...

Target (TGT -0.1%) lands another big name in the fashion world with Prabal Gurung agreeing to create a limited-edition line for the retailer. The upcoming collection will include clothing, jewelry, handbags, and shoes priced at budget levels, according to the company. The big picture: Industry watchers say Target has adroitly carved out a little space for itself in the budget/high-end niche with rivals a step behind.
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