Rimini, October 5th, 2022 - Teddy, one of the international leading companies in the clothing industry, is one of the 16 companies listed as the first-time winners of the Best Managed Companies Award, 5th edition, the award recognizing Italian companies as a symbol of excellence and promoted by  Deloitte Private, with the participation of ALTIS Università Cattolica, ELITE-Gruppo Euronext and Confindustria Piccola Industria.  Seven success factors were assessed to award the prize: “Strategy”, “Skills and innovation”, “Corporate dedication and culture”, “Governance and performance measurement”, “Sustainability”, “Production chain” and “Internationalization”. The prize was awarded by a jury of experts including:  Fabio Antoldi, Full professor of Business Strategy at ALTIS Università Cattolica del Sacro Cuore; Renato Goretta, member of the National Presidency Board of Piccola Industria (SMEs) of Confindustria; Marta Testi, CEO of Elite-Euronext. The award ceremony took place Tuesday, October 4th at Palazzo Mezzanotte, the headquarters of Borsa Italiana-Euronext.

“We are truly honoured to have been awarded the prize as it comes at the end of a very complex period for which there were no traditional, ready-made business management recipes for retail companies. It is the recognition for the work made by all the collaborators of our corporate group”, said Alessandro Bracci, Teddy CEO. “We found our own way, which has been nourished by what we are, our corporate culture and the extraordinary passion and dedication of our collaborators. This allowed us to keep going at a steady pace with the expansion of our points of sale as well as to focus on digitalization and sustainability, two new important chapters in our history we are currently developing”.

“Congratulations to Teddy for such an important prize”, said Ernesto Lanzillo, Partner Deloitte and Deloitte Private Leader, and Andrea Restelli, Partner Deloitte and Italian leader for BMC. “Teddy is a corporate group with a very well defined and innovative corporate vision that however still draws inspiration from the idea of its founder, Vittorio Tadei. Over the years the corporate group has improved its results from the point of view of both governance and performance measurement. Their ability to face the crisis that hit the clothing industry due to COVID19 pandemic has been outstanding. Furthermore, the group is actively involved in community and social activities through its Foundation and participates in particular local and international social projects. A clear commitment towards sustainability that is also mirrored by a great attention to its employees.  It is for its ability to combine business results with the pursuit for excellence of Made-in-Italy products and social responsibility that this year Teddy is fully entitled to be listed among the Italian corporate excellences recognized by our Best Managed Companies Award”.