Otto GmbH & Co KG - Company Profile
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Otto GmbH & Co KG (Otto) is a multi-channel retailer that offers fashion and lifestyle products. The company's product portfolio includes fashion products, shoes, and lifestyle products, furniture, home accessories, toys, consumer electronics, sports and leisure products, as well as DIY products and accessories for renovation and gardening. It also offers smart services related to receivables management and provides multi-channel retailing concepts for buying and selling its own and third-party products. Otto merchandises products through catalogs, retail shops, websites, and television. Its major brands include About You, Frankonia, Venus, Ambellis, Bonprix, Hermes, and Wohnklam Otte. The company's business operations span Europe, the Americas, and Asia-Pacific. Otto is headquartered in Hamburg, Germany.
Headquarters
Germany
Address
Werner-Otto-Strasse 1-7, Hamburg, Baden-Wurttemberg, 22179
Website
www.ottogroup.com
Telephone
49 40 64610
No of Employees
41,186
Industry
Retailing
Revenue (2023)
$17.0B
Otto GmbH & Co KG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Apparel | Home Delivery Services | About You |
| Sporting Goods | Logistics Services | Baur |
| Textiles | Financial Services | EOS |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In December, Evri launched a new counter service at post offices in Buckinghamshire, the UK. |
| 2023 | Contracts/Agreements | In May, the company entered into a partnership with Covariant to automate a range of manual fulfillment activities and to install AI robotic solutions across the company’s fulfillment centers. |
| 2022 | Acquisitions/Mergers/Takeovers | In March, the company acquired a majority stake in Medgate Holding AG, a digital health company. |
Competitor Comparison
| Key Parameters | Otto GmbH & Co KG | Edeka Zentrale AG & Co KG | HORNBACH-Baumarkt AG | ASOS Plc | Amazon.de GmbH |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | United Kingdom | Germany |
| City | Hamburg | Hamburg | Bornheim | London | Munich |
| State/Province | Baden-Wurttemberg | Baden-Wurttemberg | Nordrhein-Westfalen | England | Bayern |
| No. of Employees | 41,186 | 408,900 | 25,535 | 3,352 | - |
| Entity Type | Private | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alexander Birken | Chief Executive Officer | Senior Management | 2017 | 59 |
| Petra Scharner-Wolff | Chief Financial Officer | Senior Management | 2015 | 52 |
| Michael Otto | Chairman | Non Executive Board | - | 80 |
| Sandra Widmaier-Gebauer | Vice President - Human Resources; Director | Executive Board | - | - |
| Kay Schiebur | Head - Services | Senior Management | 2018 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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