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Bonprix gets new CEO

The clothing retailer Bonprix, which belongs to the Hamburg-based retail conglomerate Otto Group, is getting a new CEO. Torben Hansen will take over the helm position from 1 April, the Otto Group, as announced on Monday. He will also take over the sales division from his predecessor Richard Gottwald, who is retiring at the end of May. Hansen...

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Otto Group increases comparable revenues by 3.5 percent

In the 2018/19 financial year, according to preliminary forecasts the Otto Group’s revenues on a comparable basis increased by 3.5 percent to reach around 13.5 billion euros (15.1 billion dollars), while the company said, internationally active retail and services group was not able to repeat the outstanding results of the previous financial...

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