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Witt Weiden
Josef Witt GmbH (Witt-Gruppe) is a mail-order house, located in Weiden, Germany. The company is a 100% subsidiary of the Otto Group. Witt-Gruppe's oldest and best known brand iWitt Weiden History The company is the oldest mail-order house for clothes in Germany. It was founded in 1907 by Josef Witt (1884-1954). Josef Witt is regarded as a pioneer in the mail-order business in Germany. In 1907 he took over his sister's grocer's store in Reuth bei Erbendorf. This was the beginning of what became later an extremely successful mail-order house. In the 1930s the business had expanded significantly. The company had a workforce of 5,000 employees; sales raised to 86 million Reichsmarks. After the death of Josef Witt, his wife Monika continued the business operations from 1954 to 1958. Then their son, Josef Witt Jr., took over. Because of a sales crisis in the 1980s, the company was sold to Schwab, a subsidiary of the Otto Group. The firm had an annual turnover of €1.178 billion ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Otto GmbH
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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Weiden In Der Oberpfalz
Weiden in der Oberpfalz (official name: Weiden i.d.OPf.; Northern Bavarian: ''Weidn in da Owapfalz'') is a district-free city in Bavaria, Germany. It is located east of Nuremberg and west of the Czech border. A branch of the German Army is located here. History Weiden in der Oberpfalz was first mentioned in a document in 1241 as Weiden. It is assumed that the first settlements in Weiden are dated the year 1000. Located at the intersection of two major trading routes (Goldene Strasse and Magdeburger Strasse), Weiden soon became an important trading center with a population of 2,200 in 1531. An economic boom came along in 1863 when Weiden was connected to the railroad network. Some major companies of the glass and china industry settled in Weiden and the population increased. Districts Incorporations into Weiden in der Oberpfalz *January 1, 1914, Moosbürg, district of Moosbürg, Ermersricht, Fichtenbühl, Leihstadtmühle *February 1, 1915, Tröglersricht and Zollhaus *July 1, 1 ...
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Witt Weiden 003
Witt or WITT may refer to: People * Lefty Guise (1908–1968), American baseball player born Witt Orison Guise * Witt (surname) ** Bobby Witt (other) ** George Witt (other) ** Robert Witt (other) Places * Witt, Illinois, United States * Witt, Kentucky * Sultan Iskandarmuda Airport (ICAO code WITT), in Banda Aceh, Indonesia Other uses * 2732 Witt, an asteroid * Museum Witt, the world's leading collection of moths in Munich, Germany * Western Institute of Technology at Taranaki, a polytechnic in New Zealand * WITT (FM), a radio station (91.9 FM) in Zionsville, Indiana, United States * ''Witt'' (poetry collection), a 1973 book by Patti Smith * Witt Weiden, a German mail order house See also * * Wit (other) Wit is a form of intelligent humour, the ability to say or write things that are clever and usually funny. Someone witty is a person who is skilled at making clever and funny remarks. Forms of wit include the quip, repartee, and wisecrack ...
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Erbendorf
Erbendorf () is a town in the Upper Palatinate (Oberpfalz) region of Germany. As of December, 2006, the town has a population of 5,341. The following villages are incorporated into the town: Aschenhof, Birkenreuth, Boxdorf, Eppenhof, Frodersreuth, Glashütte, Gössenreuth, Gramlhof, Grötschenreuth, Hauxdorf, Inglashof, Napfberg, Neuenreuth, Pfaben, Plärn, Schadenreuth, Siegritz, Steinbach, Straßenschacht, Thann, Wäldern, Wetzldorf, and Wildenreuth. Main Attractions of Erbendorf *Hiking and biking in the Stienwald region; a mountain range and a national park well known for its long-distance trails. *The Mining Museum of Erbendorf, as the city has a very rich mining history. *A public recreation center equipped with two heated outdoor pools. *Walking tour of cellars. Personalities Sons and daughters of the city * Hans Müller (1898-1974), politician (SPD), Member of Bundestag 1953-1965 * Wilhelm Schraml (born 1935), 84. Bishop of Passau Passau (; bar, label=Centra ...
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Reichsmark
The (; sign: ℛℳ; abbreviation: RM) was the currency of Germany from 1924 until 20 June 1948 in West Germany, where it was replaced with the , and until 23 June 1948 in East Germany, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 s (Rpf or ℛ₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; whereas (''realm'' in English), comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was = 1012  ℳ (one trillion in American English and French, one billion in German and other European languages and British English of the time; see long and short scale). To stabilize the economy and to smooth the transition, the Papierm ...
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Museum Witt
The Museum Witt Munich (MWM) is a department of the Bavarian State Collection of Zoology. It is located in Munich, Germany, and has the world's leading collection of moths. Collection The museum was established in 1980 by Thomas J. Witt. His well-known family founded Witt Weiden, one of Germany's oldest mail-order houses. Since 2000 the museum has been part of the Zoologische Staatssammlung München (The Bavarian State Collection of Zoology) in Munich. The collection consists of about ten million specimens from all over the world. It is the largest collection of moths in the world. The Museum Witt has a collection of three to three and a half million butterflies, and the Bavarian State Collection of Zoology additional seven million butterflies. A crew of scientists work at the museum and it has an impressive library. Thomas J. Witt was awarded with the Ritter-von-Spix-Medal in 2001. He also received an honorary doctorate from the University of Munich in 2013. Publicati ...
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