Dr Michael Otto becomes the new Chairman of the Executive Board
CEO Günter Nawrath moves to the Supervisory Board and Dr Michael Otto becomes Otto Group CEO.
Environmental protection is declared a company goal and Dr Michael Otto is named Manager of the Year
The Otto Group confirms his pioneering role in mail-order in environmental terms too: environmental protection is declared an explicit company goal.
Further expansion and first steps towards Asia
The Otto Group acquires a shareholding in Alba Moda, Bad Salzuflen, founds bonprix in Hamburg, and establishes Otto Sumisho, a Joint Venture with the Sumitomo Corporation in Japan.
Otto is ranked no. 1 in mail-order worldwide
The Otto Group acquires the mail-order operators Witt/Weiden and Venca (today C.I.F.D.), Spain.
Shareholdings in SportScheck and ModenMüller
Otto acquires stakes in SportScheck, Munich, and in ModenMüller, today OTTO Austria.