Otto (GmbH & Co KG), together with its subsidiaries, operates as a retailing and services company in Europe, North and South America, and Asia. The company operates through three segments: Multichannel Retail, Financial Services, and Services. The Multichannel Retail segment offers fashion and footwear products, lifestyle accessories, furniture, interior décor items, and toys, as well as technology, sport, and leisure products through e-commerce, catalogues, and over-the-counter retail. This segment operates approximately 400 stores, including Sportscheck, Frankonia, and bonprix stores, as well as Crate & Barrel store. The Financial Services segment provides consumer credit, liquidity manage...
Founded in 1949
Otto Group Reportedly Buys €650 Million German NPL pool
Jan 26 15
Otto (GmbH & Co KG) has emerged as the buyer of a non-performing loan portfolio secured by German real estate assets with a face value of €650 million, PropertyEU has learned.
Otto Announces Executive Changes
Nov 25 14
Otto appointed Petra Scharner-Wolff as CFO with effect from October 1, 2015. Prior to her appointment as chief financial officer, Scharner-Wolff was responsible for human resources as well as the controlling and IT divisions of the group. Current CFO Juergen Schulte-Laggenbeck will resign from the position after the expiry of his contract at the end of September 2015. In 2016, Otto will also have to find successors to most of the seven management board members as the contracts of CEO Hans-Otto Schrader and his deputy Rainer Hillebrand are also set to expire.
Otto Group Presents at Go4Israel Conference, Oct-27-2014 03:00 PM
Oct 1 14
Otto Group Presents at Go4Israel Conference, Oct-27-2014 03:00 PM. Venue: Hilton Hotel, Tel Aviv, Israel. Speakers: Luc Muller, Senior Partner.