The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Target To Invest Over $2 Billion in Black-Owned Businesses by 2025

Target store front. — Target. Courtesy. (Target)

Daphne Milner

07 April 2021

As part of its commitment, the mass retailer is pledging to add products across categories from over 500 Black-owned businesses and spend more to support other Black-owned businesses, such as marketing agencies and construction companies. Target has also rolled out a new list of resources, including a new programme called Forward Founders established with early-stage start-ups in mind, aimed at helping Black-owned vendors successfully scale.

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