Tag: Michael Otto
Inflation and slack consumption are pushing the Otto Group into the red
Headquarters of the Otto Group in Hamburg According to CEO Birken, the reasons for the slump are, among other things, that more money is being spent on travel and culture…
“The department stores have completely overslept the development”
Michael Otto The owner of the Otto Group laments the increasing monotony in many inner cities. (Photo: IMAGO/SEPA.Media) Mr. Otto, many see online retail as the gravedigger of the inner…
Inviting: Indonesia courts investors
Good morning, dear readers, In the opening speech at the Hanover Fair yesterday evening, Chancellor Olaf Scholz promised to finally put his words into action: “A lot has been left…
“One must not only see the threat posed by new forms of distribution”
Hamburg Mr. Otto, many see online retail as the gravedigger of the inner city. Is your Otto Group complicit in the death of once-proud brands like Kaufhof and Karstadt?The high…
Otto Group makes Erfurt the carpet capital
Erfurt 1200 natural white synthetic fiber flokati are stacked up at the incoming goods gate, they were delivered by truck from Turkey. The sender printed the name of the fashion…
Nancy Faeser raises awareness for the catastrophes of the turning point
maybe the queues at the supermarket checkouts are a little longer today and the shelves with toilet paper, pasta and fish cans are emptied faster. If so, then it would…
Large German companies are committed to the 1.5 degree path
Steel production at Thyssen-Krupp in Duisburg The companies are pushing for an internationally coordinated climate policy. (Photo: AP) Berlin On the occasion of the United Nations (UN) Climate Week in…