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Otto Group

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The Otto Group ( Otto GmbH & Co KG ) is a German retail company based in Hamburg that operates companies worldwide in the retail, e-commerce, financing, logistics and mail order sectors. In 2023, the Group generated sales of €16.2 billion and had around 41,186 employees.

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63-572: In August 1949, Werner Otto founded the company Werner Otto Versandhandel ( Otto Versand ) in Hamburg. In 1950, the first catalogue with a print run of 300 copies was published, presenting 28 pairs of shoes on 14 hand-bound pages. The following year, the first printed catalogue comprised 28 pages and offered an extended product range, which subsequently further diversified in the 1950s and included, among others, porcelain, bicycles, and electrical appliances. After further expansion, Otto Versand moved into

126-576: A 205,000-square meter building in 1960. The number of employees increased to 2,000. In 1969, the Hanseatic Bank was founded, through which customers could finance their orders. At the same time, the Werner Otto Foundation was established in Hamburg to promote medical research. When postal strikes and higher rates posed a threat to operations in 1972, the delivery service Hermes Versand was established. In 1980, Otto Reisen GmbH

189-480: A circulation of 150,000 in March 1914, due to a reduction in price. The Times had a circulation of 248,338 in 1958, a circulation of 408,300 in 1968, and a circulation of 295,863 in 1978. At the time of Harold Evans' appointment as editor in 1981, The Times had an average daily sale of 282,000 copies in comparison to the 1.4 million daily sales of its traditional rival, The Daily Telegraph . By 1988, The Times had

252-427: A circulation of 443,462. By November 2005, The Times sold an average of 691,283 copies per day, the second-highest of any British " quality " newspaper (after The Daily Telegraph , which had a circulation of 903,405 copies in the period), and the highest in terms of full-rate sales. By March 2014, average daily circulation of The Times had fallen to 394,448 copies, compared to The Daily Telegraph' s 523,048, with

315-535: A circulation of 5,000. Thomas Barnes was appointed general editor in 1817. In the same year, the paper's printer, James Lawson, died and passed the business onto his son, John Joseph Lawson (1802–1852). Under the editorship of Barnes and his successor in 1841, John Thadeus Delane , the influence of The Times rose to great heights, especially in politics and amongst the City of London . Peter Fraser and Edward Sterling were two noted journalists, and gained for The Times

378-449: A court hearing in a Tower Hamlets fostering case. In April 2019, culture secretary Jeremy Wright said he was minded to allow a request by News UK to relax the legal undertakings given in 1981 to maintain separate journalism resources for The Times and The Sunday Times . In 2019, IPSO upheld complaints against The Times over their article "GPS data shows container visited trafficking hotspot", and for three articles as part of

441-633: A forgery, The Times retracted the editorial of the previous year. In 1922, John Jacob Astor , son of the 1st Viscount Astor , bought The Times from the Northcliffe estate . The paper gained a measure of notoriety in the 1930s with its advocacy of German appeasement ; editor Geoffrey Dawson was closely allied with government supporters of appeasement, most notably Neville Chamberlain . Candid news reports by Norman Ebbut from Berlin that warned of Nazi warmongering were rewritten in London to support

504-589: A libel case they had brought against The Times newspaper. In June 2020, a report in The Times suggested that Cage and Begg were supporting a man who had been arrested in relation to a knife attack in Reading in which three men were murdered. The Times report also suggested that Cage and Begg were excusing the actions of the accused man by mentioning mistakes made by the police and others. In addition to paying damages, The Times printed an apology. Cage stated that

567-403: A new business venture. At that time, Henry Johnson invented the logography, a new typography that was reputedly faster and more precise (although three years later, it was proved less efficient than advertised). Walter bought the logography's patent and, with it, opened a printing house to produce books. The first publication of The Daily Universal Register was on 1 January 1785. Walter changed

630-473: A series on pollution in Britain's waterways: "No river safe for bathing," "Filthy Business," and "Behind the story." IPSO also upheld complaints in 2019 against articles headlined "Funding secret of scientists against hunt trophy ban," and "Britons lose out to rush of foreign medical students." In 2019, The Times published an article about Imam Abdullah Patel that wrongly claimed Patel had blamed Israel for

693-514: A subsidiary of News UK , in turn wholly owned by News Corp . The Times and The Sunday Times , which do not share editorial staff, were founded independently and have had common ownership only since 1966. In general, the political position of The Times is considered to be centre-right . The Times was the first newspaper to bear that name, inspiring numerous other papers around the world, such as The Times of India and The New York Times . In countries where these other titles are popular,

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756-497: A variety of supplements. Beginning on 5 July 2003 (issue 67807) and ending after 17 January 2009 (issue 69535), Saturday issues of The Times came with a weekly magazine called TheKnowledge containing listings for the upcoming week (from that Saturday to the next Friday) compiled by PA Arts & Leisure (part of Press Association Ltd ). Its taglines include "Your pocket guide to what's on in London", "The World's Greatest City, Cut Down To Size", and "Your critical guide to

819-480: Is included in the newspaper on Mondays, and details all the weekend's football activity ( Premier League and Football League Championship , League One and League Two. ) The Scottish edition of The Game also includes results and analysis from Scottish Premier League games. During the FIFA World Cup and UEFA Euros, there is a daily supplement of The Game. The Saturday edition of The Times contains

882-596: The Encyclopædia Britannica using aggressive American marketing methods introduced by Horace Everett Hooper and his advertising executive, Henry Haxton. Due to legal fights between the Britannica's two owners, Hooper and Walter Montgomery Jackson , The Times severed its connection in 1908 and was bought by pioneering newspaper magnate , Alfred Harmsworth , later Lord Northcliffe. In editorials published on 29 and 31 July 1914, Wickham Steed ,

945-600: The Independent Press Standards Organisation and sued The Times for libel. In 2020, The Times issued an apology, amended its article, and agreed to pay Choudhury damages and legal costs. Choudhury's solicitor, Nishtar Saleem, said, "This is another example of irresponsible journalism. Publishing sensational excerpts on a 'free site' while concealing the full article behind a paywall is a dangerous game". In December 2020, Cage and Moazzam Begg received damages of £30,000 plus costs in

1008-492: The London 2012 Olympics and the issuing of a series of souvenir front covers, The Times added the suffix "of London" to its masthead. In March 2016, the paper dropped its rolling digital coverage for a series of 'editions' of the paper at 9am, midday, and 5pm on weekdays. The change also saw a redesign of the paper's app for smartphones and tablets. In April 2018, IPSO upheld a complaint against The Times for its report of

1071-626: The Times's Chief Editor, argued that the British Empire should enter World War I . On 8 May 1920, also under the editorship of Steed , The Times , in an editorial, endorsed the anti-Semitic fabrication The Protocols of the Learned Elders of Zion as a genuine document, and called Jews the world's greatest danger. In the leader entitled "The Jewish Peril, a Disturbing Pamphlet: Call for Inquiry", Steed wrote about The Protocols of

1134-792: The Werner Otto Hall , for the art of German Expressionism , out of the Busch-Reisinger Museum . The building has now been demolished as part of a redevelopment project led by Renzo Piano . In 2011, he died at the age of 102 in Berlin. His widow, Inga Maren Otto, is a German art collector and philanthropist. Otto was awarded the Grand Cross 1st class of the Order of Merit of the Federal Republic of Germany,

1197-576: The 1960s. Katherina is a filmmaker in New York. Alexander received from his father the real estate company ECE entrusted. In his range of social causes, he founded in 1969 the Werner Otto Foundation, which supports medical research. In 1973, when he was over 60, Otto developed the Paramount Group in New York, to invest in US real estate. At Harvard University he donated a new museum building,

1260-490: The 2003 murder of a British police officer by a terror suspect in Manchester. The story also wrongly claimed that Patel ran a primary school that had been criticised by Ofsted for segregating parents at events, which Ofsted said was contrary to "British democratic principles." The Times settled Patel's defamation claim by issuing an apology and offering to pay damages and legal costs. Patel's solicitor, Zillur Rahman, said

1323-713: The 2015/2016 financial year, over 90% of mail order sales were generated online, making the Otto Group the second-largest German online retailer behind Amazon , according to a study by the EHI Retail Institute. The last printed edition of the Otto main catalogue was published in December 2018, as around 95% of all orders were received digitally by this point. In 2023, the Otto Group entered into cooperations with Covariant and Boston Dynamics . The key trends of

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1386-428: The 2023 financial year, the Otto Group generated revenue of €16.2 billion, of which around €12 billion was generated online, making the Otto Group one of the largest online retailers in the world. The following is an extract of some subsidiaries: Activities concerning sustainability are the responsibility of the executive board. These activities relate to both ecological and economic sustainability, which were anchored in

1449-655: The Communists, leading Winston Churchill to condemn him and the article in a speech to the House of Commons. As a result of Carr's editorial, The Times became popularly known during that stage of World War II as "the threepenny Daily Worker " (the price of the Communist Party's Daily Worker being one penny). On 3 May 1966, it resumed printing news on the front page; previously, the front page had been given over to small advertisements, usually of interest to

1512-563: The Elders of Zion : What are these 'Protocols'? Are they authentic? If so, what malevolent assembly concocted these plans and gloated over their exposition? Are they forgery? If so, whence comes the uncanny note of prophecy, prophecy in part fulfilled, in part so far gone in the way of fulfillment?". The following year, when Philip Graves , the Constantinople (modern Istanbul ) correspondent of The Times , exposed The Protocols as

1575-584: The Otto Group are (as at the financial year ending February 28): The shares in the Group of Michael Otto and his son, Benjamin Otto, have been combined in a foundation since 2016. The Group operates over 100 companies internationally, primarily in Germany, Europe, and the United States. The activities of the Otto Group's business include e-commerce, over-the-counter retail, and catalogue sales channels. In

1638-613: The Otto Group's corporate objectives in 1986. The Otto Group pursues a partnership with Save the Children , among others. In 2005, the Aid by Trade Foundation was created, which originated the initiative Cotton made in Africa . The cotton sourced from growers of the Cotton made in Africa initiative is used by the Otto Group and other textile companies such as ASOS and S.Oliver . In 2016,

1701-622: The UK branch of Hermes was criticized by The Guardian for paying its suppliers less than the minimum wage. Hermes couriers were self-employed and were paid based on the parcels delivered. Hermes was again criticized by a major newspaper in 2021, when a The Times article published allegations about the mishandling of packages and bad customer service. 53°36′3.17″N 10°4′21.12″E  /  53.6008806°N 10.0725333°E  / 53.6008806; 10.0725333 Werner Otto (entrepreneur) Werner Otto (13 August 1909 – 21 December 2011)

1764-583: The Year in 2005 and Nadiya Hussain , winner of The Great British Bake Off . The Times and The Sunday Times have had an online presence since 1996, originally at the-times.co.uk and sunday-times.co.uk , and later at timesonline.co.uk . There are now two websites: thetimes.co.uk is aimed at daily readers, and the thesundaytimes.co.uk site provides weekly magazine-like content. There are also iPad and Android editions of both newspapers. Since July 2010, News UK has required readers who do not subscribe to

1827-613: The appeasement policy. Kim Philby , a double agent with primary allegiance to the Soviet Union , was a correspondent for the newspaper in Spain during the Spanish Civil War of the late 1930s. Philby was admired for his courage in obtaining high-quality reporting from the front lines of the bloody conflict. He later joined British Military Intelligence ( MI6 ) during World War II , was promoted into senior positions after

1890-457: The case "highlights the shocking level of journalism to which the Muslim community are often subject". In 2019, The Times published an article titled "Female Circumcision is like clipping a nail, claimed speaker". The article featured a photo of Sultan Choudhury beside the headline, leading some readers to incorrectly infer that Choudhury had made the comment. Choudhury lodged a complaint with

1953-545: The cultural week". These supplements were relaunched on 24 January 2009 as: Sport , Saturday Review (arts, books, TV listings, and ideas), Weekend (including travel and lifestyle features), Playlist (an entertainment listings guide), and The Times Magazine (columns on various topics). The Times Magazine features columns touching on various subjects such as celebrities, fashion and beauty, food and drink, homes and gardens, or simply writers' anecdotes. Notable contributors include Giles Coren , Food and Drink Writer of

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2016-406: The damages amount would be used to "expose state-sponsored Islamophobia and those complicit with it in the press. ... The Murdoch press empire has actively supported xenophobic elements and undermined principles of open society and accountability. ... We will continue to shine a light on war criminals and torture apologists and press barons who fan the flames of hate". The Times features news for

2079-410: The digitised paper, up to 2019, is available online from Gale Cengage Learning. The Times was founded by publisher John Walter (1738–1812) on 1 January 1785 as The Daily Universal Register, with Walter in the role of editor. Walter had lost his job by the end of 1784 after the insurance company for which he worked went bankrupt due to losses from a Jamaican hurricane. Unemployed, Walter began

2142-405: The fields of politics, science, literature, and the arts to build its reputation. For much of its early life, the profits of The Times were very large and the competition minimal, so it could pay far better than its rivals for information or writers. Beginning in 1814, the paper was printed on the new steam-driven cylinder press developed by Friedrich Koenig (1774–1833). In 1815, The Times had

2205-487: The first half of the paper; the Opinion/Comment section begins after the first news section, with world news normally following this. The Register, which contains obituaries, a Court & Social section, and related material, follows the business pages on the centre spread. The sports section is at the end of the main paper. The Times ' main supplement, every day, is times2 , featuring various columns. It

2268-680: The largest real estate companies in Canada. Through his North American experiences, Werner Otto got the idea to found another enterprise, the ECE Projekt Management GmbH & Co. KG, which he did in 1969. The company builds and manages shopping malls; finance and staff. ECE is one of the leading developers, implementers, owners and operators of large commercial real estate in Europe. His third wife Maren Stücken gave birth to Otto's youngest children Katharina and Alexander in

2331-585: The mail order business in Germany was renamed Otto GmbH & Co KG. In 2005, the Otto Group sold 75% of the shares in Hanseatic Bank to Société Générale . In 2009, the Otto Group secured the rights to the Quelle brand and numerous retail brands such as Privileg in a bidding process. Later, in 2012, the Neckermann brand was acquired. In 2014 the online fashion retailer About You was founded. In

2394-524: The management to shut down the paper for nearly a year, from 1 December 1978 to 12 November 1979. The Thomson Corporation management was struggling to run the business due to the 1979 energy crisis and union demands. Management sought a buyer who was in a position to guarantee the survival of both titles, had the resources, and was committed to funding the introduction of modern printing methods. Several suitors appeared, including Robert Maxwell , Tiny Rowland and Lord Rothermere ; however, only one buyer

2457-591: The moneyed classes in British society. Also in 1966, the Royal Arms , which had been a feature of the newspaper's masthead since its inception, was abandoned. In the same year, members of the Astor family sold the paper to Canadian publishing magnate Roy Thomson . His Thomson Corporation brought it under the same ownership as The Sunday Times to form Times Newspapers Limited . An industrial dispute prompted

2520-464: The news, Murdoch stated that the law and the independent board prevented him from exercising editorial control. In May 2008, printing of The Times switched from Wapping to new plants at Waltham Cross in Hertfordshire, and Merseyside and Glasgow , enabling the paper to be produced with full colour on every page for the first time. On 26 July 2012, to coincide with the official start of

2583-705: The newspaper is often referred to as The London Times or The Times of London , although the newspaper is of national scope and distribution. It is considered a newspaper of record in the UK. The Times had an average daily circulation of 365,880 in March 2020; in the same period, The Sunday Times had an average weekly circulation of 647,622. The two newspapers also had 304,000 digital-only paid subscribers as of June 2019. An American edition of The Times has been published since 6 June 2006. Due to its widespread availability in libraries and its comprehensive index, The Times has received considerable use from academics and researchers. A complete historical file of

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2646-503: The number of digital subscribers at around 400,000, and ranked The Times as having the sixth highest trust rating out of 13 different outlets polled. The Times Digital Archive is available by subscription. The Times has had the following eight owners since its foundation in 1785: The Times had a circulation of 70,405 on 5 September 1870, due to a reduction in price and the Franco-Prussian War . The Times had

2709-440: The pompous/satirical nickname 'The Thunderer' (from "We thundered out the other day an article on social and political reform."). The increased circulation and influence of the paper were based in part to its early adoption of the steam-driven rotary printing press. Distribution via steam trains to rapidly growing concentrations of urban populations helped ensure the profitability of the paper and its growing influence. The Times

2772-475: The practice of printing correspondents' full postal addresses. Published letters were long regarded as one of the paper's key constituents. According to its leading article "From Our Own Correspondents," the reason for the removal of full postal addresses was to fit more letters onto the page. In a 2007 meeting with the House of Lords Select Committee on Communications, which was investigating media ownership and

2835-451: The print edition to pay £2 per week to read The Times and The Sunday Times online. Visits to the websites have decreased by 87% since the paywall was introduced, from 21 million unique users per month to 2.7 million. In April 2009, the timesonline site had a readership of 750,000 readers per day. In October 2011, there were around 111,000 subscribers to The Times ' digital products. A Reuters Institute survey in 2021 put

2898-613: The school in Schwedt , later the high school in Prenzlau ( Uckermark ). After a commercial apprenticeship, he started his own business as a retail merchant in Szczecin . For the dissemination of leaflets, Otto was sentenced in 1934 to two years imprisonment. After his release, he operated a cigar shop and married in 1939 his first wife, Eva Haffner. In 1941, their daughter Ingvild was born and two years later son Michael . The end of

2961-501: The shooting down of Iran Air Flight 655 in July 1988. He wrote in detail about his reasons for resigning from the paper due to meddling with his stories, and the paper's pro-Israel stance. In June 1990, The Times ceased its policy of using courtesy titles ("Mr", "Mrs", or "Miss" prefixes) for living persons before full names on the first reference, but it continues to use them before surnames on subsequent references. In 1992, it accepted

3024-585: The title after 940 editions on 1 January 1788 to The Times . In 1803, Walter handed ownership and editorship to his son of the same name. Walter Sr's pioneering efforts to obtain Continental news, especially from France, helped build the paper's reputation among policy makers and financiers, in spite of a sixteen-month incarceration in Newgate Prison for libels printed in The Times . The Times used contributions from significant figures in

3087-670: The two retaining respectively the second-highest and highest circulations among British "quality" newspapers. In contrast, The Sun , the highest-selling "tabloid" daily newspaper in the United Kingdom, sold an average of 2,069,809 copies in March 2014, and the Daily Mail , the highest-selling "middle market" British daily newspaper, sold an average of 1,708,006 copies in the period. The Sunday Times has significantly higher circulation than The Times , and sometimes outsells The Sunday Telegraph . In January 2019, The Times had

3150-486: The two titles. The Royal Arms were reintroduced to the masthead at about this time, but whereas previously it had been that of the reigning monarch, it would now be that of the House of Hanover , who were on the throne when the newspaper was founded. After 14 years as editor, William Rees-Mogg resigned upon completion of the change of ownership. Murdoch began to make his mark on the paper by appointing Harold Evans as his replacement. One of his most important changes

3213-499: The use of "Ms" for unmarried women "if they express a preference." In November 2003, News International began producing the newspaper in both broadsheet and tabloid sizes. Over the next year, the broadsheet edition was withdrawn from Northern Ireland , Scotland , and the West Country . Since 1 November 2004, the paper has been printed solely in tabloid format. On 6 June 2005, The Times redesigned its Letters page, dropping

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3276-588: The war ended, and defected to the Soviet Union when discovery was inevitable in 1963. Between 1941 and 1946, the left-wing British historian E. H. Carr was assistant editor. Carr was well known for the strongly pro-Soviet tone of his editorials. In December 1944, when fighting broke out in Athens between the Greek Communist ELAS and the British Army, Carr in a Times leader sided with

3339-494: The war saw Otto with a head injury in a military hospital . After the war he fled with his family from Soviet-controlled East Germany to Hamburg, which was under British control. There he founded a shoe factory in 1948, which went bankrupt a year later in 1949. In the same year he divorced. Motto for his life was "Panta rhei" — everything flows. On 17 August 1949, Otto founded the mail order company 'Otto Versand' ( Otto GmbH & Co KG) in Hamburg. The first catalog had 14 pages,

3402-409: Was a German entrepreneur. In 1949, he founded Otto GmbH , which eventually became the world's largest mail order group. He was married three times and had five children. Otto and his family consistently ranked among the wealthiest Germans . Werner Otto was born the son of the retailer Wilhelm Otto and his wife Frieda. His mother died shortly after giving birth to a daughter in 1910. He attended

3465-585: Was an honorary senator of the city of Hamburg, and on his 100th birthday became an honorary citizen of the city of Berlin. Otto is included in Germany's Hall of Fame in the history museum in Bonn. The Times Defunct The Times is a British daily national newspaper based in London. It began in 1785 under the title The Daily Universal Register , adopting its modern name on 1 January 1788. The Times and its sister paper The Sunday Times (founded in 1821), are published by Times Media, since 1981

3528-475: Was discontinued in early March 2010, but reintroduced on 12 October 2010 after discontinuation was criticised. Its regular features include a puzzles section called Mind Games . Its previous incarnation began on 5 September 2005, before which it was called T2 and previously Times 2 . The supplement contains arts and lifestyle features, TV and radio listings, and theatre reviews. The newspaper employs Richard Morrison as its classical music critic. The Game

3591-576: Was founded, marking the company's entry into the tourism industry. In 1981, Michael Otto, son of the founder, took over the company. Throughout the following years, the Otto Group continued its expansion into Spain, Italy, Great Britain and other markets. By 1987, the Otto Group was considered the leading mail order company worldwide. After the fall of the Berlin Wall in 1989, sales also rose in Eastern Europe. The 24-hour express service

3654-464: Was hand-bound and included only shoes. In the following years the Otto Group expanded more and more. In 1981, the management of the fast-growing company was turned over to his eldest son, Michael Otto. In 1952, Otto married Jutta Becker and 1957 his second son Frank was born, the only child from his second marriage. In the 1960s, he started the Sagitta Group , today's Park Property , one of

3717-521: Was in a position to meet the full Thomson remit, Australian media magnate Rupert Murdoch . Robert Holmes à Court , another Australian magnate, had previously tried to buy The Times in 1980. In 1981, The Times and The Sunday Times were bought from Thomson by Rupert Murdoch's News International . The acquisition followed three weeks of intensive bargaining with the unions by company negotiators John Collier and Bill O'Neill . Murdoch gave legal undertakings to maintain separate journalism resources for

3780-536: Was introduced in 1990 and Otto Group launched an online shopping website in 1995. The catalogue, previously only available as a printed version, was published digitally on the internet for the first time in 1997. Otto Group entered the US market in 1998 by acquiring a stake in the Chicago-based furniture store Crate & Barrel . The two Austrian brands of the Otto Group, Universal and Otto, were bundled into Unito Versand & Dienstleistungen in 2003, and

3843-529: Was one of the first newspapers to send war correspondents to cover particular conflicts. William Howard Russell , the paper's correspondent with the army in the Crimean War , was immensely influential with his dispatches back to England. The Times faced financial failure in 1890 under Arthur Fraser Walter , but it was rescued by an energetic editor, Charles Frederic Moberly Bell . During his tenure (1890–1911), The Times became associated with selling

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3906-515: Was still not achieved, and this was to remain an interim measure until the Wapping dispute of 1986, when The Times moved from New Printing House Square in Gray's Inn Road (near Fleet Street ) to new offices in Wapping . Robert Fisk , seven times British International Journalist of the Year, resigned as foreign correspondent in 1988 over what he saw as "political censorship" of his article on

3969-522: Was the introduction of new technology and efficiency measures. Between March 1981 and May 1982, following agreement with print unions, the hot-metal Linotype printing process used to print The Times since the 19th century was phased out and replaced by computer input and photocomposition. The Times and the Sunday Times were able to reduce their print room staff by half as a result. However, direct input of text by journalists ("single-stroke" input)

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