Here you can find news from the Otto Group that have an international focus. On the homepages of the group companies you are able to find all of the reports concerning the companies.

  • June 18th, 2015 | Company
    3SI Group will transfer ownership of Cité Numérique to two industrial groups specialising in the production of digital communication solutions: ComClever and Imalliance

    3SI Group will transfer ownership of Cité Numérique to two industrial groups specialising in the production of digital communication solutions: ComClever and Imalliance

    Following an open divestiture process, ownership of Cité Numérique and its two brands – Quais de l’image and Naos Publishing – has been transferred to two industrial groups operating in the same sector of activity: ComClever, a group with three companies specialising in the production of digital communication solutions (ViewOn, Krealid and SVD) and Imalliance, a group specialising in image production – photos, videos, 3D images – with 3 studios under its name Studio Collet, Donkeyshot and Paul et Berthe.

  • June 2nd, 2015 | Company
    Otto Group calls for an international textile alliance

    The Executive Board of the Otto Group has decided to join the Partnership for Sustainable Textiles initiated by the German Federal Government. As a result, Germany’s largest textile retailer will transform its active role in co-shaping the negotiations into a formal membership. At the same time, prior to the G7 summit in Germany, the Otto Group calls for a textile alliance at international level.

  • May 20th, 2015 | Company
    Otto Group launches data-driven advertising start-up – Torsten Ahlers appointed as CEO

    The Otto Group is entering the data-driven advertising business in the current financial year. Otto Group Media, the newly-founded 100 per cent Group company, is to focus on user-based marketing and advertising-space selection. To do this it has appointed renowned industry expert Torsten Ahlers as Chief Executive Officer (CEO).

  • May 20th, 2015 | Company
    Solid growth at core businesses

    The Otto Group, Hamburg, ended the 2014/15 financial year (as at 28 February) with a slight increase in revenue and a clear drop in earnings. Although the retail and services group increased revenue by 0.5 per cent to 12.057 billion euros (Germany: +1.1 per cent to 7.139 billion euros), EBIT fell from 401 to 79 million euros.

  • May 20th, 2015 | Company
    Rainer Hillebrand’s Executive Board contract extended

    The Otto Group Supervisory Board has decided to extend Deputy Executive Board Chairman Dr Rainer Hillebrand’s contract, due to expire at the end of April 2016, for another three years. Petra-Scharner Wolff is due to become the international retail and services Group's Executive Board Member for Finance on 1 June 2015.

  • April 20th, 2015 | Company
    Benjamin Otto to become Managing Partner at Otto Group

    Entrepreneur Benjamin Otto has decided to take on an active role for the Otto Group as Managing Partner. With effect from 1 June 2015, the 39-year-old will hand over his tasks as CEO of Collins, the successful Otto Group startup, to joint Managing Director Tarek Müller, and help manage the ongoing transformation process for the international retail and services group from within various supervisory bodies and group companies.

  • April 2nd, 2015 | Company
    Dr Otto secures the Otto Group

    Dr Michael Otto, the Otto Group’s majority shareholder and Chairman of its Supervisory Board, has transferred his shares in the Otto Group to a foundation. This secures the future of the international retail and services group as a family-owned business with its head office in Hamburg.

  • March 26th, 2015 | Company
    Otto Group: solid growth in core business

    Premilinary figures of the Otto Group for financial year 2014/15: Overall revenues rise by 0.5 per cent to 12.057 billion euros +++ Double-digit growth in the Services segment +++ E-commerce revenues increase to just under 6.5 billion euros +++ Substantial investment in IT, logistics and new business models

  • March 16th, 2015 | Corporate Responsibility
    Significantly more textiles with sustainable cotton

    Otto Group, the international retail group, was able to increase its order quantities for sustainable cotton last year by 50 per cent. Over 10 million articles were marketed within the “Cotton made in Africa” initiative alone.

  • February 18th, 2015 | Company
    Otto Group invests in innovative start-ups worldwide

    In the coming financial year 2015/2016, the Otto Group plans a high double-digit million investment in the venture capital business. With this move, the international retail and services group will build on its position as one of the largest and most successful venture capital providers in Germany.




Media Contact

Media Contact

Your contact persons at the Otto Group

Find here the news related to the retail company OTTO.

Copyright © 2015 Otto Group.