Italian fashion company, Teddy Group, has assured Bangladesh of its support to the country’s apparel industry. The group recently assured the Bangladesh Embassy that it would neither cancel nor hold orders at the moment besides continuing its business with the country.

The group also assured Bangladesh of granting a major orders at the end of this month. However, the value of this order might be slightly due to a lower demand in the global apparel market. One of the top fashion groups in Italy, the Teddy Group has six brands including Terranova, Calliope and Rinascimento. It also has over 600 stores in 40 countries.

Bangladesh is one of the most important markets for the group from which it sources apparel products worth more than $200 million per year. The group set up an office in Bangladesh in 2004 where, currently, 80 people including two Italian nationals are employed.