Kitex brands to be sold through Walmart, Target, other US retailers

Company expects to clock $50 million from US retail giants

Kitex Garments, a Kerala-based infant garments major, has made inroads with US retail giants, including Walmart, Target and others, directly. Company's two brands will be sold through the network of these retailers networks and expects to clock $50 million over the next two years.

The BSE-listed firm expects that it will become the largest infant brand end of this fiscal and double its turn over to Rs 1,000 crore by 2020.

Sabu Jacob, Chairman & MD, Kitex Garments said that the company has invested $1 million in Kitex USA to support the US business. Besides, another Rs 240