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.

  • 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.

  • February 12th, 2015 | Company chooses Dispeo to accelerate its race to expand chooses Dispeo to accelerate its race to expand

    In line with its goals, 3SI Group subsidiary and e-commerce order-picking specialist Dispeo is pursuing its growth drive by taking on board. In the long term, this collaboration is intended to support the growth curve of France's second-ranked online trail running and racing retailer. Set to launch on 1 March 2015, this partnership will cover the entire logistics chain, from goods reception to distribution and returns management.

  • December 16th, 2014 | Company
    Warburg Pincus commits $75 Million to german Big Data Analytics and Predictive Applications Player Blue Yonder

    Warburg Pincus commits $75 Million to german Big Data Analytics and Predictive Applications Player Blue Yonder

    Blue Yonder, a leading provider of Big Data analytics and Predictive Applications, today announced that an affiliate of Warburg Pincus, a global private equity firm focused on growth investing, has committed $75 million to support the Company’s further growth and expansion.




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