After a difficult period last year, German retail and services company Otto has found its way back to growth. According to preliminary calculations, Otto generated 12.6 billion euros in the year to 29 February 2016.
Initiated and supported by the European Commission, the Worth project and its 34 prototypes created by designers, manufacturers and tech specialists from all over Europe, were presented this Wednesday in Paris.
Bench is expanding its offer to bottoms, swimwear and socks. The brand started in Manchester 20 years ago and acquired by a German investment firm has thus accorded Lascana, a subsidiary of Otto, the licence to it.
The International Council of Shopping Centers (ICSC) announced that the traffic in European shopping centers rose 1.2% in 2014. Most of the increase happened in Southern and Eastern Europe, but also in medium size sho...
3SI, which is owned by the German giant Otto, has announced that it is selling Blancheporte and Becquetand in France and Venca in Spain. The three entities make up more than a third of the group’s business.