United Colors Of Benetton — t-shirt started bleeding after one wash

Address:

Panipat, Haryana, 132103

I bought a white t-shirt with blue stripes from ucb panipat in mittal mega mall and after one single wash the t-shirt started bleeding and when i took the t-shirt to the shop i was told that they will have to send the t-shirt to the company and they will decide the action to be taken. This entire situation happened more than 2 weeks ago and now the shop person says that unless the company sends in a new piece he can not change or refund the money. So my complaint is that if it was company's bad product then why should a customer wait and suffer for such a long time.