Wal-Mart to Stop Selling Egyptian Cotton Sheets Made by Welspun
September 09 2016 - 3:00PM
Dow Jones News
Wal-Mart Stores Inc. said it will stop selling Egyptian cotton
sheets made by Welspun India Ltd. after it said an investigation
found the Indian textile giant couldn't guarantee the products were
legitimate.
"Welspun has not been able to assure us the products are 100%
Egyptian cotton, which is unacceptable," a Wal-Mart spokeswoman
said Friday.
The world's biggest retailer is removing the Welspun products
from U.S. store shelves and Walmart.com. Wal-Mart said it will
offer customers that purchased the products a full refund.
Wal-Mart isn't cutting ties with Welspun, said the spokeswoman,
instead the retailer is working with the company to "implement
strong controls and better label the products they supply to
us."
Welspun didn't immediately respond to a request for comment.
Last month Target Corp. said it was pulling thousands of
"Egyptian cotton" sheets made by Welspun from its shelves and
cutting ties with the company after the retailer said it found
Welspun had used non-Egyptian cotton for about two years.
That news spurred other Welspun customers, including Wal-Mart,
J.C. Penny Co. and Bed Bath & Beyond Inc. to also
investigate.
Write to Sarah Nassauer at sarah.nassauer@wsj.com
(END) Dow Jones Newswires
September 09, 2016 14:45 ET (18:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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