Wednesday, August 24, 2016

UPDATE 2-More U.S. retailers probing phony Egyptian cotton

CHICAGO/NEW DELHI, Aug 24 (Reuters) - U.S. retailer Bed Bath

& Beyond on Wednesday said it ordered an external audit

of textiles from Welspun India, after Target Corp

last week accused the Indian manufacturer of passing off

cheap sheets as premium Egyptian cotton for two years.

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