Target collaborates with Champion to offer activewear

Target Corp. (TGT), Wednesday announced a strategic partnership with sportswear brand Champion to offer a unique line of high-quality, stylish activewear and sporting goods for adults and kids.

The line, with most items under $40, will be available in Target stores and on its website from August.

In the pre-market hours, Target's stock is trading at $127.62, up 0.18 percent on the New York Stock Exchange.(DPA)