Etiket: Otto
Court: Collection practices by Otto subsidiary illegal
HAMBURG (dpa-AFX) – According to a judgment by the Hanseatic Higher Regional Court, the collection behavior of the Otto Group company EOS Investment GmbH is illegal. The judges approved the…
Otto Waalkes is amazed by the “Friesenjung” hype
Comedian Otto Waalkes Photo: picture alliance/dpa | George Wendt From BZ/dpa Comedian Otto Waalkes (74) is number one in the single charts in Germany with a new version of his…
Otto Waalkes stormed the charts with these two rappers
Otto Waalkes Photo: Getty Images, Tristar Media. All rights reserved. At the age of 74, Otto Waalkes has made it into the high chart regions for the first time in…
Otto Group slides into the red
High inflation and sluggish consumption following the Russian attack on Ukraine pushed the Otto Group into the red. It may be some time before the situation improves. “It will take…
Otto Group merges Quelle Austria and Universal
The Otto Group, a retail and services company based in Hamburg, is streamlining its brand portfolio in Austria. In this context, the mail order companies Quelle Austria and Universal, which…
Otto wants to use AI robots in logistics centers
The Hamburg mail-order company Otto will be relying on autonomously working AI robots in logistics centers in the future. They should be used in the selection, compilation and packaging of…
Michael Otto doesn’t think about quitting for the time being
Shortly before his 80th birthday, Hamburg honorary citizen Michael Otto sees his future in his company. With a view to the handover to his son Benjamin Otto, the Chairman of…
Otto: compostable shipping bags from 2024
Compostable mailer made from Traceless material. Image: Otto Group Shipping creates packaging; more than in brick-and-mortar retail. And the fashion industry in particular has a hard time with plastic alternatives,…
Otto reports a slump in sales after the end of the e-commerce boom
Record inflation and tighter budgets for consumers have also brought the Corona boom of the past few years to an abrupt end at the Hamburg mail order company Otto. In…
Otto closes toy platform Mytoys.de – 800 jobs are lost
The Hamburg-based Otto Group will cease operations of the toy platform Mytoys.de and will close all branches by February 2024. The Mytoys brand will in future only be offered on…