Bonprix news and archive

Bonprix: CEO Torben Hansen to depart – Nicolai Johannsen to take over as chief marketing officer

A change at the top of German e-commerce company Bonprix, which is part of the Otto Group. Chief executive officer Torben Hansen will leave the company on October 31. Differing views on the company's strategic direction led to a mutual separation, the subsidiary of the Hamburg-based retail group Otto Group announced on Wednesday. Hansen had held...

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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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Business

Otto Group reports 20 percent increase in H1 sales

Germany’s Otto Group has reported a strong increase in sales in the first half of the year. The retail and services group, which owns fashion retailers Bonprix and About You, said its worldwide sales increased by 20 percent in the six months to February 28, driven in particular by increased demand in the fashion, living and lifestyle assortment....

Retail

Freemans adds Bonprix to strengthen value credentials

Online retailer Freemans is strengthening its value fashion offering with the addition of Bonprix to its portfolio. The German fashion value brand, Bonprix, owned by Freemans Grattan Holding’s parent company Otto, will add 5,000 pieces to Freemans, ranging from 4.99 pounds covering all wardrobe essentials from lingerie through to outerwear....

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Business

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...