Target Corp. is refunding millions of dollars worth of sheets after finding a textile supply company was pawning off phony fabrics as luxurious Egyptian-cotton.
Approximately 750,000 sheets and pillowcases manufactured by Welspun India Ltd. were labeled to be 500-thread count Egyptian cotton, Bloomberg reports, but found to be a knockoff instead.
“After an extensive investigation, we recently confirmed that Welspun substituted another type of non-Egyptian cotton when producing these sheets between August 2014 and July 2016,” Target announced Friday.
The Minneapolis-based retailer has since pulled all Welspun products – sold under labels Fieldcrest and Crowning Touch – from its stores and website.
“Neither Target nor Fieldcrest had any knowledge of this substitution,” the company said in a statement. “These sheets were produced by a number of vendors and only one of those vendors was substituting product.”
Falsely labeled products were sold for as much as $175 per set, Business Insider reports, amounting in $90 million in potential refunds for Target.
SOURCE: NBC NY