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  • April 5th, 2017 | Company

    Dr Michael Otto receives German CSR Award 2017

    Dr Michael Otto, entrepreneur and Chairman of the Otto Group Supervisory Board, has received the highly renowned ‘German CSR Award for outstanding CSR Engagement’ for his commitment to sustainable business. The award ceremony was held on 04 April as part of the 13th German CSR Forum in Ludwigsburg.

  • April 3rd, 2017 | Company

    Otto Group sells Ratepay to Advent International and Bain Capital Private Equity

    The Otto Group has signed an agreement with Advent International (“Advent”) and Bain Capital Private Equity (“Bain Capital”) to sell Ratepay GmbH for an undisclosed sum. It is planned that Ratepay will be integrated with Concardis, the Eschborn-based payment service provider acquired by Advent and Bain Capital in January 2017. The closing of the acquisition of Concardis is still pending. Ratepay will retain its brand and will be managed as an independent company within the Concardis Group.

  • März 28th, 2017 | Company

    Otto Group – growth beats plan, profitability improves

    Otto Group, the international retail and services group, increased revenues for the 2016/17 financial year now closed by 5 per cent on a comparable basis, according to preliminary figures. Online revenues rose to almost EUR 7 billion, representing an increase of just under 10 per cent.

  • März 21st, 2017 | Company

    Otto Group significantly increases order quantity for sustainable cotton and saves 33 billion litres of water

    In 2016, the Otto Group increased its share of sustainable cotton to 49 percent, thus achieving another success with its ambitious sustainability strategy. Through the use of the certified sustainable cotton with the “Cotton made in Africa” (CmiA) label, more than 33 billion litres of water were saved. With its long-term textile strategy, the international retail and services group also contributes to the UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals (SDGs). Customers who buy articles from the Otto Group with the CmiA label thus actively contribute, among other things, to saving the precious resource of water, combatting poverty and improving the future viability of millions of people in Africa.

  • Februar 21st, 2017 | Company

    Forecast 2016/17: Otto Group’s global e-commerce revenues climb by € 615 million to almost € 7 billion

    In the current 2016/17 financial year (to 28.02) the Otto Group, the internationally active retail and services group, will raise its e-commerce revenues to almost € 7 billion (according to preliminary estimates). This represents revenue growth in its existing business of almost 10% or € 615 million. The Group’s online business in Germany generated almost € 5 billion, also seeing growth of almost 10%.

  • Februar 9th, 2017 | Company

    Sebastian Klauke to become Chief Digital Officer at the Otto Group

    Sebastian Klauke is to strengthen the Otto Group, the globally active retail and services group. A proven digitalisation expert, Klauke will hold the newly created position of Chief Digital Officer (CDO) as of 01 July 2017.

  • Dezember 20th, 2016 | Company

    Change in the Management of the EOS Group

    Change in the Management of the EOS Group

    Marwin Ramcke joins the EOS Group’s Board of Directors effective 1 January 2017 and will assume responsibility for the Eastern Europe region, where EOS is represented in 14 countries. Mr Ramcke succeeds Dr Helmut Hufnagel, who has headed the Division since 2015.

  • Dezember 6th, 2016 | Company

    Otto Group announces partial repurchase of bond (ISIN AT0000A0UJL6)

    The Otto Group announces that, starting as of today, it will start purchasing part of its 150 million euro bond (Coupon: 4.625%, Maturity: 29 September 2017, ISIN: AT0000A0UJL6) up to a maximum repurchase amount of 30 million euros in the open market. The open market repurchases will end at the latest at the time of maturity of the bond on 29 September 2017.

  • September 23rd, 2016 | Company

    Otto Group founds Otto Group Digital Solutions

    In founding Otto Group Digital Solutions (OGDS) the Otto Group’s objectives are to identify and develop attractive new business models in the retail-related service sector and establish these in the market. Responsibility for the Group’s major digital service companies will be held under the OGDS umbrella from now on.

  • September 14th, 2016 | Company

    Damartex Group and 3SI Group are engaged in talks for the acquisition of 3 Pagen

    Damartex Group and 3SI Group are engaged in talks for the acquisition of 3 Pagen

    The Damartex Group and the 3SI Group announced that they have begun exclusive negotiations in view to the acquisition by the Damartex Group of 100% of the 3 Pagen’ shares. Negotiations are expected to conclude shortly, with a definitive agreement signed by the end of September 2016.

  • September 6th, 2016 | Company

    e.ventures announces Arnulf Keese as General Partner in European Office

    Global VC firm e.ventures announces former PayPal executive Arnulf Keese as General Partner in European Office

    e.ventures, a leading global venture capital firm for almost two decades, today announced the appointment of Arnulf Keese as General Partner in its Berlin office, the firm’s European hub. Keese joins European partners, Andreas Haug, Christian Leybold, and Bernardo Hernandez, in addition to North American partners Mathias Schilling and Tom Gieselmann. As e.ventures continues to add subject matter expertise to its investment team, e.ventures’ core commitment to hiring the best and brightest is reinforced, thereby ensuring the firm's longevity and success.

  • August 15th, 2016 | Company

    EOS Consolidated impresses with outstanding result

    EOS Consolidated impresses with outstanding result

    EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

  • Juli 21st, 2016 | Company

    Otto Group pitches short-term bond to institutional investors

    Owing to the current interest rate environment, where many banks are demanding penalty interest rates on their customers’ cash deposits, the Otto Group is offering institutional investors a safe haven for their liquidity with no loss of value. The global retail and services group has issued a 50 million euro bond with a three-month term and an annual interest rate of 0.14 percent.

  • Juli 5th, 2016 | Company

    EOS acquires French/Belgian debt collection service provider Contentia

    EOS acquires French/Belgian debt collection service provider Contentia

    On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium. The EOS Group already has a successful debt collection company in each of the two countries.

  • Juni 30th, 2016 | Company

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    Following a private sale process, the 3SI Group today signed an agreement to sell its multichannel stock-clearance business, Cogemag-Excédence, to Artmadis, BtoB distributors and France’s leading tableware and cookware company.

  • Juni 29th, 2016 | Corporate Responsibility

    Otto Group expands FSC®-certified furniture assortment

    The share of sustainable products in terms of the Otto Group’s overall furniture assortment increased to 43% in 2015. As the largest online furniture retailer in the German-speaking region, the Group is a leader in this segment.

  • Juni 22nd, 2016 | Company

    Generational change at the helm of EOS Group: Klaus Engberding to become CEO

    Generational change at the helm of EOS Group:  Klaus Engberding to become CEO

    Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner Scherer, the current long-time and extremely successful CEO, is leaving the Group of his own volition in order to retire.

  • Juni 15th, 2016 | Company

    Series A: Homeday Wins Project A and Paua Ventures as Investors

    Successful Series A Financing Round: Homeday Wins Project A and Paua Ventures as Investors

    Cologne-based start-up Homeday announced the successful closing of their Series A financing round today. In May this year, the renowned venture capital companies Project A and Paua Ventures committed among others to investing a seven-figure amount in the rapidly growing company, which is active in the field of property technology (called “PropTech”) and has chosen to specialize in particular in the data-driven pairing of real estate agents with appropriate customers.

  • Juni 14th, 2016 | Company

    New executive management team at Bonprix

    New executive management team at Bonprix

    With Bonprix CEO Dr Marcus Ackermann’s move to the Otto Group Executive Board as of 01 January 2017, the international fashion company will have a reshaped executive management team. Bonprix’s own Markus Fuchshofen and OTTO’s Dr Richard Gottwald will join the current Executive Directors Rien Jansen and Dr Kai Heck on the Bonprix Executive Board.

  • Juni 13th, 2016 | Company

    Otto Group successfully issues 250 million euro bond

    The internationally active retail and services company Otto Group has successfully placed a 250 million euro bond issue. The note carries a seven-year term and a 2.5 percent coupon.

  • April 5th, 2017 | Company

    Dr Michael Otto receives German CSR Award 2017

    Dr Michael Otto, entrepreneur and Chairman of the Otto Group Supervisory Board, has received the highly renowned ‘German CSR Award for outstanding CSR Engagement’ for his commitment to sustainable business. The award ceremony was held on 04 April as part of the 13th German CSR Forum in Ludwigsburg.

  • April 3rd, 2017 | Company

    Otto Group sells Ratepay to Advent International and Bain Capital Private Equity

    The Otto Group has signed an agreement with Advent International (“Advent”) and Bain Capital Private Equity (“Bain Capital”) to sell Ratepay GmbH for an undisclosed sum. It is planned that Ratepay will be integrated with Concardis, the Eschborn-based payment service provider acquired by Advent and Bain Capital in January 2017. The closing of the acquisition of Concardis is still pending. Ratepay will retain its brand and will be managed as an independent company within the Concardis Group.

  • März 28th, 2017 | Company

    Otto Group – growth beats plan, profitability improves

    Otto Group, the international retail and services group, increased revenues for the 2016/17 financial year now closed by 5 per cent on a comparable basis, according to preliminary figures. Online revenues rose to almost EUR 7 billion, representing an increase of just under 10 per cent.

  • März 21st, 2017 | Company

    Otto Group significantly increases order quantity for sustainable cotton and saves 33 billion litres of water

    In 2016, the Otto Group increased its share of sustainable cotton to 49 percent, thus achieving another success with its ambitious sustainability strategy. Through the use of the certified sustainable cotton with the “Cotton made in Africa” (CmiA) label, more than 33 billion litres of water were saved. With its long-term textile strategy, the international retail and services group also contributes to the UN Agenda 2030 for Sustainable Development with its 17 Sustainable Development Goals (SDGs). Customers who buy articles from the Otto Group with the CmiA label thus actively contribute, among other things, to saving the precious resource of water, combatting poverty and improving the future viability of millions of people in Africa.

  • Februar 21st, 2017 | Company

    Forecast 2016/17: Otto Group’s global e-commerce revenues climb by € 615 million to almost € 7 billion

    In the current 2016/17 financial year (to 28.02) the Otto Group, the internationally active retail and services group, will raise its e-commerce revenues to almost € 7 billion (according to preliminary estimates). This represents revenue growth in its existing business of almost 10% or € 615 million. The Group’s online business in Germany generated almost € 5 billion, also seeing growth of almost 10%.

  • Februar 9th, 2017 | Company

    Sebastian Klauke to become Chief Digital Officer at the Otto Group

    Sebastian Klauke is to strengthen the Otto Group, the globally active retail and services group. A proven digitalisation expert, Klauke will hold the newly created position of Chief Digital Officer (CDO) as of 01 July 2017.

  • Dezember 6th, 2016 | Company

    Otto Group announces partial repurchase of bond (ISIN AT0000A0UJL6)

    The Otto Group announces that, starting as of today, it will start purchasing part of its 150 million euro bond (Coupon: 4.625%, Maturity: 29 September 2017, ISIN: AT0000A0UJL6) up to a maximum repurchase amount of 30 million euros in the open market. The open market repurchases will end at the latest at the time of maturity of the bond on 29 September 2017.

  • September 23rd, 2016 | Company

    Otto Group founds Otto Group Digital Solutions

    In founding Otto Group Digital Solutions (OGDS) the Otto Group’s objectives are to identify and develop attractive new business models in the retail-related service sector and establish these in the market. Responsibility for the Group’s major digital service companies will be held under the OGDS umbrella from now on.

  • Juli 21st, 2016 | Company

    Otto Group pitches short-term bond to institutional investors

    Owing to the current interest rate environment, where many banks are demanding penalty interest rates on their customers’ cash deposits, the Otto Group is offering institutional investors a safe haven for their liquidity with no loss of value. The global retail and services group has issued a 50 million euro bond with a three-month term and an annual interest rate of 0.14 percent.

  • Juni 29th, 2016 | Corporate Responsibility

    Otto Group expands FSC®-certified furniture assortment

    The share of sustainable products in terms of the Otto Group’s overall furniture assortment increased to 43% in 2015. As the largest online furniture retailer in the German-speaking region, the Group is a leader in this segment.

  • Mai 25th, 2016 | Company

    Otto Group: successful turnaround

    In the 2015/16 financial year (as at 29 February 2016) the globally active retail and services company Otto Group, Hamburg, achieved the targeted turnaround in its major business areas. The strategic initiatives previously announced by Hans-Otto Schrader, Chairman of the Otto Group Executive Board and Chief Executive Officer (CEO) Otto Group, including the clear reinforcement of the Group’s core businesses, investments in digital transformation and new business models, the restructuring of some Group companies and the rationalisation of the company portfolio, were consistently and successfully implemented.

  • Mai 17th, 2016 | Company

    Alexander Birken named as Chairman of the Otto Group Executive Board

    On 1 January 2017, Alexander Birken, Member of the Executive Board Otto Group, Multichannel Distance Selling, Spokesman OTTO, will take over as Chairman of the Executive Board at the international retail and services group. Long-serving CEO Hans-Otto Schrader is to step down at his own wish, having reached the age limit of 60 for Otto Group Executive Board Members.

  • März 31st, 2016 | Company

    Otto Group with a flying start into the new financial year

    The retail and services company Otto Group, Hamburg, looks back on a successful 2015/16 financial year (to 29 February 2016), characterised by very satisfactory growth at the large core companies and a consistent reorganisation of the company portfolio.

  • März 1st, 2016 | Company

    Otto Group sells Alba Moda to Klingel Group

    As part of its divestment strategy announced in 2015, the globally active retail and services group is to sell its subsidiary Alba Moda GmbH to K-Mail Order GmbH & Co KG. The relevant anti-trust authorities have already approved the deal.

  • Februar 10th, 2016 | Company

    Forecast 2015/16: Otto Group e-commerce revenues rise to 6.6 billion euros

    Otto Group, the internationally active retail and services group, is set to increase its global e-commerce revenues in the current financial year 2015/16 (to 29.02.16) by 400 million to 6.6 billion euros. According to the latest forecast the Group’s German online business has performed even better, with the Group generating a total of 4.4 billion euros, 10 per cent more than in the previous financial year.

  • Januar 13th, 2016 | Partner

    The Otto Group partners with PowaTag to drive mobile engagement

    The Otto Group has announced a partnership with Powa Technologies to secure and enhance their position in the modern retail market. This partnership will provide millions of customers of the Otto Group with a quick and simple way to shop and engage with its brands online, in-store and on the go. With mCommerce sales set to reach $626bn per annum in less than two years time*, the free mobile app PowaTag enables users to complete purchases in seconds by interacting with triggers including QR codes, beacons, audio signals as well as through links found on social media.

  • November 24th, 2015 | Company

    Otto Group withdraws Yapital from B2C market

    Otto Group, the retail and services group, has taken this step as a result of the highly competitive but slow-developing digital-payment business. While Yapital will no longer service the end-consumer market as of 31 January 2016, it will remain active as an e-money institution in the business-to-business (B2B) market.

  • November 12th, 2015 | Partner

    Otto Group and JD.com in joint venture deal

    The Otto Group and leading Chinese online marketplace JD.com have embarked on a joint venture that incorporates Otto’s subsidiary, Zitra GmbH. The purpose of this venture is to increase international e-commerce between Europe and China, with Zitra™ acting as an independent full-service provider to connect international brands with the leading marketplaces.

  • September 29th, 2015 | Employees

    Otto Group launches innovative jobs platform

    A new website – with a brand-new feature: with its freshly-launched JobFinder app, from today the Otto Group provides a complete overview of job vacancies within the Group, in over 20 countries and in its 123 major companies. The app is available for download from the completely redesigned Otto Group homepage, which ensures optimal display on all end-devices thanks to Responsive Design.

  • Juli 30th, 2015 | Corporate Responsibility

    Otto Group achieves clear reduction in CO2 emissions, reaffirms 70 per cent reduction target by 2040

    In its Sustainability Report published today, the Otto Group has stated that it reduced its location-, transport- and mobility-related CO2 emissions in 2014 by 24 per cent compared to 2006. The international retail group is thus well on the way towards achieving its climate target of halving CO2 emissions by 2020 and achieving a 70 per cent reduction by 2040.

  • August 15th, 2016 | Company

    EOS Consolidated impresses with outstanding result

    EOS Consolidated impresses with outstanding result

    EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

  • Juli 5th, 2016 | Company

    EOS acquires French/Belgian debt collection service provider Contentia

    EOS acquires French/Belgian debt collection service provider Contentia

    On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium. The EOS Group already has a successful debt collection company in each of the two countries.

  • Juni 30th, 2016 | Company

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    Following a private sale process, the 3SI Group today signed an agreement to sell its multichannel stock-clearance business, Cogemag-Excédence, to Artmadis, BtoB distributors and France’s leading tableware and cookware company.

  • Juni 22nd, 2016 | Company

    Generational change at the helm of EOS Group: Klaus Engberding to become CEO

    Generational change at the helm of EOS Group:  Klaus Engberding to become CEO

    Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner Scherer, the current long-time and extremely successful CEO, is leaving the Group of his own volition in order to retire.

  • Juni 15th, 2016 | Company

    Series A: Homeday Wins Project A and Paua Ventures as Investors

    Successful Series A Financing Round: Homeday Wins Project A and Paua Ventures as Investors

    Cologne-based start-up Homeday announced the successful closing of their Series A financing round today. In May this year, the renowned venture capital companies Project A and Paua Ventures committed among others to investing a seven-figure amount in the rapidly growing company, which is active in the field of property technology (called “PropTech”) and has chosen to specialize in particular in the data-driven pairing of real estate agents with appropriate customers.

  • Juni 14th, 2016 | Company

    New executive management team at Bonprix

    New executive management team at Bonprix

    With Bonprix CEO Dr Marcus Ackermann’s move to the Otto Group Executive Board as of 01 January 2017, the international fashion company will have a reshaped executive management team. Bonprix’s own Markus Fuchshofen and OTTO’s Dr Richard Gottwald will join the current Executive Directors Rien Jansen and Dr Kai Heck on the Bonprix Executive Board.

  • Juni 1st, 2016 | Company

    Lost My Name: Project A Invests €4 Million alongside other partners

    Lost My Name: Project A Invests €4 Million Alongside Google Ventures, Greycroft and Allen & Co

    Early stage investor and operational VC Project A has announced an investment of 4 million euros in Lost My Name, one of the leading creators of personalized children’s content. With this extension of the Series A round, Project A joins the circle of renowned international investors, including lead investor Google Ventures, Greycroft and Allen & Co. Project A’s founding partner Florian Heinemann will also join the company’s board. Lost My Name’s first personalized children’s book “The Little Boy/Girl Who Lost His/Her Name” was one of the bestselling children’s book globally in 2015. With their second book, “The Incredible Intergalactic Journey Home”, they are well on their way to repeat this success.

  • Mai 31st, 2016 | Company

    3SI Group confirms the acquisition of Girard-Agediss and the sale of Becquet

    In line with its new strategic priorities, 3SI Group confirms  the acquisition of Girard-Agediss and the sale of Becquet

    Further to the approval of the French Competition Authority, 3SI Group has signed, on 30 May, the acquisition of Girard-Agediss, the French leader in the delivery of bulky items and furniture to professional customers, private individuals and internet users. Further to an open transfer process, 3SI Group has signed, on 31 May, the sale of Becquet to Domoti, a well-known distance seller headquartered in Marquette-lez-Lille.

  • Mai 19th, 2016 | Company

    E.ventures brings new capital to support full investment lifecycle

    E.ventures adds a new $150 million European early stage fund to its $1bn global fund family and hires new general partner

    Today, e.ventures is announcing the closing of a new $150 million early stage fund to target Europe’s best businesses and entrepreneurs, bringing e.ventures’ total assets under management today to more than $1 billion. This new fund, focused on seed and Series A rounds, will be deployed alongside an already active $290 million global growth investment vehicle which targets subsequent financing rounds, allowing entrepreneurs to gain the full benefit of e.ventures’ expertise through the full investment lifecycle.

  • April 20th, 2016 | Company

    Outpacing the market: Hermes Group achieves double-digit growth in 2015

    Outpacing the market: Hermes Group achieves double-digit growth in the 2015 fiscal year

    The Hermes Group, continuing years of successful growth, also records impressive figures in the 2015 fiscal year. The trade and logistics services provider based in Hamburg has increased its turnover by 11% to €2,460 million (€2,230 million in 2014). A key contributor to this was the fast-growing international parcel and logistics business, driven by the booming e-commerce.

  • April 11th, 2016 | Company

    Junomedical Launches Digital Medical Treatment Hub

    Junomedical Launches Digital Medical Treatment Hub

    Digital Health startup launches platform providing global access to high quality medical treatments.

  • März 25th, 2016 | Company

    The 3SI Group sells its retail activities

    The 3SI Group sells its retail activities

    As part of its new strategic course to focus on growing service activities, the 3SI Group has decided to sell all of its retail activities in France, Belgium, Spain, Germany, Austria and the Czech Republic.

  • März 7th, 2016 | Company

    Hermes Subsidiary BorderGuru becomes Logistics Partner of Alibaba and Cainiao

    Hermes Subsidiary BorderGuru becomes Logistics Partner of Alibaba and Cainiao

    BorderGuru, a wholly-owned subsidiary of the Hermes Group, has become the official contractual partner of China's Alibaba Group. With a gross merchandise value (GMV) of 452 bn USD and access to over 280 million customers, the Alibaba Group is currently the world's leading online retailer. Through its TMall Global shopping platform, Alibaba offers its Chinese customers popular international brands. On behalf of Cainiao, the logistics provider of the Chinese trading giant, BorderGuru GmbH is managing the whole logistics cross-border shipping process for European clients looking to sell on the booming Chinese market.

  • Februar 15th, 2016 | Company

    Camaïeu chooses Dispeo’s expertise for its multi-channel logistics

    Camaïeu chooses Dispeo’s expertise for its multi-channel logistics

    Order-picking logistics specialist Dispeo has just welcomed a new customer on board: Camaïeu. As part of a partnership due to begin in July 2016, France’s leading female clothing retailer will be availing itself of Dispeo’s services for its e-commerce activities and store flows management.

  • Januar 27th, 2016 | Company

    SportScheck: Chief Digital Officer joins the management board

    SportScheck: Chief Digital Officer joins the management board

    Jan Kegelberg, who has taken over the newly created position of a Chief Digital Officer at SportScheck in Munich in August, joins the management board of the company on February 1, 2016. In this role, he will be responsible for e-commerce sales, marketing and customer intelligence.

  • Januar 25th, 2016 | Employees

    MYTOYS GROUP launches TechLab in Madrid

    MYTOYS GROUP launches TechLab in Madrid

    The Mytoys Group, one of Germany's most successful E-Commerce companies, will open its first technology location outside Germany. MYTOYS plans to open a TechLab in Madrid.

  • Januar 11th, 2016 | Company

    The 3SI Group invests over €15 million in its subsidiary Mondial Relay

    The 3SI Group invests over €15 million in Mondial Relay

    To support the strong growth of its subsidiary's activities and to enable it to increase its market share in a rapidly expanding sector, the 3SI Group has introduced a plan to mechanise all of its Mondial Relay branches.

  • Dezember 21st, 2015 | Company

    Euler Hermes and EOS announce the sale of its joint venture Bürgel to CRIF

    Euler Hermes and EOS announce the sale of its joint venture Bürgel to CRIF

    Euler Hermes, the worldwide leader in trade credit insurance, and EOS, the international provider of financial services, announce today an agreement signed on Friday, 18 December 2015 with CRIF, a global company providing credit information services, credit and software solutions, headquartered in Bologna, Italy - for the share purchase of Bürgel Group (Bürgel). 100% of the shares will be transferred to CRIF.

  • Dezember 2nd, 2015 | Company

    Everett Hutt takes over as CEO of the French 3SI Holding

    Everett Hutt takes over as CEO of the French 3SI Holding

    The former Chief Financial Officer Everett Hutt (46) will take over as CEO of the 3SI Holding in December 2015. Denis Terrien (50), who has managed the transformation of 3SI Group since 2009, is leaving the company at his own wish and in best consent.

  • Oktober 7th, 2015 | Company

    Study confirms we can shop online with a clear conscience

    Study  confirms we can shop online with a clear conscience

    As of today another broad-based misconception is laid to rest, that ‘online retail is more climate-damaging than over-the-counter (OTC) retail. Transporting goods from the online retailer to the end-customer is more efficient and causes less climate-destabilising emissions – even if we include returns, which are a major factor in the retail sector’s parcel distribution. This is the result of the latest study carried out by the Deutsches CleanTech Institut (DCTI) under the heading: ‘Climate friendly shopping – a comparative perspective of online retail and over-the-counter retail’, commissioned by the Otto Group and Hermes.

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