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Welspun India, Target Corporation to be working together again

14 May 2021 Evaluate

Welspun India and Target Corporation, a retailer with over 1,900 stores in the U.S.A., are planning to work together again, having recently completed a vendor reempanelment process with Welspun Global Brands, Company’s subsidiary. Until FY16, the business with Target Corporation accounted for almost 10% of its overall business. The Company shall strive to foster a strong, transparent and sustainable business relationship with Target Corporation going forward.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.

Peers
Company Name CMP
Vardhman Textiles 560.60
Welspun Living 222.90
Arvind 567.00
Raymond Lifestyle 689.00
K.P.R. Mill 1112.45
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