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The collaboration between Murakami and Louis Vuitton generated worth from shortage. The product of this partnership was a limited-version purse, however the by-product was a desire for it—an intangible high quality. That same ethereal need has driven decrease-end retail partnerships, too. In 1999, Target launched a Michael Graves line of house goods and appliances, an economically viable alternative to the high-finish ones to which Graves had lent his name for the Italian housewares company Alessi. The floodgates opened, and Target would go on to collaborate with well-recognized, high-end designers, from Missoni to Judith Leiber to Proenza Schouler, making them household names.
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