Target facing backlash over children's clown costume
Target is facing backlash over its sale of a children's clown costume which some consumers said resembled racist caricatures of Black people. The company pulled the costume from its stores and issued a statement saying it was "deeply sorry."
Target is facing backlash over its sale of a children's clown costume which some consumers said resembled racist caricatures of Black people. The company pulled the costume from its stores and issued a statement saying it was "deeply sorry."
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Why it matters
This is a reputational and consumer backlash event related to a retailer's product choice, with no direct impact on credit markets, financing conditions, or regulatory frameworks relevant to sophisticated credit professionals.
Sources
NBC News Business
Target facing backlash over children's clown costume
Target is facing backlash over its sale of a children's clown costume which some consumers said resembled racist caricatures of Black people. The company pulled the costume from its stores and issued a statement saying it was "deeply sorry."