Otto Versand
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Otto Versand
Otto GmbH & Co KG (doing business as Otto Group, stylized as otto group, formerly Otto Versand) is a German mail order company and one of the world's biggest e-commerce companies. Based in Hamburg, it operates in more than twenty countries. Otto is primarily a retail e-commerce company, and as a shareholder, it also operates in e-commerce services. The Otto group has expanded into real estate and financial services. In France, Otto claims to be the leading e-commerce business through 3 Suisses. In June 2013, Otto executed a full takeover to become its only shareholder. History The family of executive board chairman Michael Otto owns the majority of the company. The company is based in Hamburg, Germany. It was founded by Werner Otto in 1949. The first catalogue was hand produced offering twenty eight styles of shoes. During the 1950s, the product range business volume expanded. Otto introduced telephone orders in 1963, and launched an online shopping website in 1995. Micha ...
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Mail Order
Mail order is the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote methods such as: * Sending an order form in the mail * Placing a telephone call * Placing an order with a few travelling agents and paying by installments * Filling in a form on a website or mobile app — if the product information is also mainly obtained online rather than via a paper catalogue or via television, this model is online shopping or e-commerce Then, the products are delivered to the customer. The products are usually delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient. Some merchants delivered the goods directly to the customer via t ...
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Venus Fashion
Venus is an American online and catalog fashion retailer headquartered in Jacksonville, Florida. The company sells clothing, shoes, jewelry and accessories for women. Venus is known for its swimwear and lingerie. The company is known for actively participating in charitable endeavors and community activities. Background In 1982, Daryle Scott, IBM engineer and MBA student, and three other investors created a mail order apparel company that focused in competitive body suits. In 1984, Scott created Venus Body Wear, an American clothing and swimsuit retailer, selling ladies' leotards and exercise apparel via full-page advertisements in ''Cosmopolitan'' and other national magazines. A year later, the company expanded to include women’s swimwear and became known as Venus Swimwear. In 1998, the company opened its first retail store on the first level of the shopping mall, Jacksonville Landing. The store was located near The Body Shop and Foot Locker. During this time the company alr ...
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Manufactum
Manufactum GmbH & Co. KG (formerly ''Manufactum Hoof & Partner KG'') is a German retailer with nine full-sized stores in Germany and an online store that serves primarily Germany, Austria, Switzerland, and the UK. The main focus of the company are household and garden goods made with traditional manufacturing methods (thus "Manufactum") and materials. The company also sells cosmetics, apparel and shoes, computers, bikes, foodstuffs, books, bed and bath accessories, and furniture. History Manufactum was founded in 1988 by Thomas Hoof, former managing director of the German Green Party in North Rhine-Westphalia. In 2008, Heine Versand, a wholly owned subsidiary of Otto GmbH, took over Manufactum. In 2007, Manufactum had 400 employees and annual sales of 75 million EUR. Stores are currently located in Hamburg, Bremen, Berlin, Waltrop, Düsseldorf, Cologne, Bonn, Frankfurt, Stuttgart, Vienna, and Munich. In Germany, Manufactum catalogs have been enjoying almost cult-like status amo ...
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Bombay Company
The Bombay Company is an American furniture and home accessories retailer owned (since 2011) by Hermes-Otto International USA LLC. At one time a chain of over 500 stores headquartered in Fort Worth, Texas, Bombay Company was relaunched in 2012 as an online store. After its owners arranged a new licensing deal, a second online re-launch was planned for the High Point Market in April 2018. However, by March 2019 the online sales function of their website was still not active. History The Bombay Company was founded in 1978 by Brad Harper in New Orleans as a mail-order company and Canadian operations were allocated to his good friend Greg McGroarty. Harper later opened two retail stores in New Orleans. In 1980, Harper sold the U.S. operating rights and established overseas supply channels to the Fort Worth, Texas-based holding company Tandy Brands, Inc., which is publicly traded on NASDAQ. In 1981, Tandy Brands purchased the Canadian rights from Robert Nourse, though Nourse continued ...
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Evri Europe GmbH
Hermes Europe GmbH is a German delivery company headquartered in Hamburg, owned by the retail company Otto GmbH. History The company was founded in 1972 in West Germany and entered the market in East Germany in 1990. It expanded to France in 1997, the United Kingdom in 2000, Austria in 2007, Italy in 2009 and Russia in 2010. In Germany, Hermes Logistik Gruppe (HLG) is the country's largest post independent provider of deliveries to private customers. In November 2020 Advent International announced it would partner with the current management team to acquire a 75% stake in Hermes UK. Otto GmbH, Otto Group will continue to own 25% of the company. Advent will also acquire a 25% stake in Hermes Germany, which includes other Hermes Germany Group companies including BorderGuru and a share in the ParcelLock joint venture. The partnership will not affect Hermes’ activities in Russia and Austria, the holding company Hermes Europe or the companies not involved in parcel delivery, nam ...
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Hanseatic Bank
As a private bank based in Hamburg, Hanseatic Bank operates throughout Germany. It specializes in four core businesses: deposit-taking , real-estate related financing, receivables management and credit cards. The company's products are distributed by partners as well as directly in one of the ten branches, online or through its own service center. Additionally, within the framework of factoring collaborations, Hanseatic Bank acquires receivables from companies within and outside of the Otto Group. The bank has more than 500 employees working at the headquarter and the subsidiary Hanseatic Service Center GmbH in Hamburg. History The bank was founded in 1969 as a consumer credit institution to finance goods purchased by customers of the mail order firm Otto Versand. At the time, the bank was operating under the name Hanseatic Bank Teilzahlungsfinanzierungs-GmbH & Co KG. Its initial activity consisted of providing Otto customers with consumer credits for their purchases from ...
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Kaleidoscope (retailer)
Kaleidoscope is a catalogue and online based retailer specialising in women’s fashion and accessories, but also stocking homewear and electricals. Kaleidoscope is owned by Freemans Grattan Holdings (previously named Otto UK), which is in turn owned by Otto GmbH – one of the largest retailers in the world with over 50,000 employees at 123 companies across more than 20 countries. Freemans Grattan Holdings largely operates in the UK through brands including Freemans, Grattan, Kaleidoscope, Oli, Look Again, Bon Prix and Witt. The company also owns Hermes (Previously named Parcelnet) – A European home delivery courier company History Kaleidoscope was originally a division of W H Smith, and traded as its Book Club merchandise catalogue. This division was better known as BCA (Book Club Associates). In 1982 Grattan purchased both the Kaleidoscope name and the mailing list. The operation was operated from a location in Leicester with both computer and distribution resources being ...
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Witt International UK
Otto GmbH & Co KG (doing business as Otto Group, stylized as otto group, formerly Otto Versand) is a German mail order company and one of the world's biggest e-commerce companies. Based in Hamburg, it operates in more than twenty countries. Otto is primarily a retail e-commerce company, and as a shareholder, it also operates in e-commerce services. The Otto group has expanded into real estate and financial services. In France, Otto claims to be the leading e-commerce business through 3 Suisses. In June 2013, Otto executed a full takeover to become its only shareholder. History The family of executive board chairman Michael Otto owns the majority of the company. The company is based in Hamburg, Germany. It was founded by Werner Otto in 1949. The first catalogue was hand produced offering twenty eight styles of shoes. During the 1950s, the product range business volume expanded. Otto introduced telephone orders in 1963, and launched an online shopping website in 1995. Mich ...
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