Welspun Living makes Wimbledon's iconic towels in Gujarat via 2006 Christy buyout
Welspun Living produces Wimbledon's official towels at its Vapi and Anjar facilities, having acquired British heritage brand Christy in 2006 and shifted production to India by 2010. Each towel takes 7 days to make, retailing at ~40 pounds — a marker of Indian home-textile manufacturing muscle for a global consumer icon.
Welspun Living manufactures Wimbledon's official towels at its Gujarat facilities (Vapi and Anjar) after acquiring British heritage brand Christy in 2006, showcasing Indian home-textile manufacturing strength for a globally iconic consumer product.
Why this matters
The Wimbledon towel spotlight lands as Welspun Living pursues capital returns, setting record dates for a Rs 252-crore buyback at Rs 175 per share via its May 22 equity share tender offer.
Retail-company signals are accelerating, up 826500% QoQ.
Also reported by
- YourStory — Same time