Tag: Otto Group
“I don’t like shopping,” says mail order billionaire Otto at “Biz & Beyond”
Michael Otto actually wanted to become a doctor, but instead he runs a trading empire. The 80-year-old doesn’t like shopping at all, as he reveals in the ntv podcast “Biz…
Trigema boss Grupp in “Biz & Beyond”: “Anyone who has a big problem is a failure”
Wolfgang Grupp sometimes seems to be out of date, but the success proves the Trigema boss right: his company is still making profits. Why? Greed often becomes a problem, reveals…
800 employees affected: Otto says goodbye to Mytoys.de
800 employees affected Otto says goodbye to Mytoys.de 3/6/2023 8:52 p.m The toy business is highly competitive and not very lucrative. The Otto Group also feels this – and pulls…
Otto board member Klauke at “So techt Germany”: Why the Otto catalog had to go
As early as the mid-1990s, Otto began digitizing his famous product catalogue. In retrospect, that was the easiest part, says e-commerce board member Klauke in the ntv podcast “So techt…
In many places only 15 degrees: Otto turns off the heating – and refers to home office
In many places only 15 degrees Otto turns off the heating – and refers to home office 10/01/2022 11:04 am It will be uncomfortable in many of the Otto Group’s…
CO2 fairy tales in "Climate laboratory": Climate-neutral companies? "Lied"
Otto is now delivering its parcels in a climate-neutral way. A step in the right direction? No, marketing with a rubber term for a clear conscience, criticizes the chairman of…
Once upon a time there was a catalog era: Otto reinvents himself
Wednesday, May 19, 2021 Once upon a time there was a catalog era Otto reinvents himself In the 20/21 financial year, the Otto Group will benefit massively from the boom…