Otto GmbH

Orveon Welcomes Neela Montgomery as Chief Executive Officer

Retrieved on: 
Tuesday, January 9, 2024
Other Retail, Specialty, Online Retail, Fashion, Luxury, Cosmetics, Retail, Department Stores, English literature, Beauty, Medicaid, Health, Multimedia, CVS Health, Neela, M.B.A, University of Oxford, Advent International, Hospital, Otto GmbH, Crate, Growth

Orveon Global (“Orveon” or “the Company”), a purpose-driven collective of premium beauty brands, today announced that Neela Montgomery will join the Company as Chief Executive Officer (“CEO”), effective January 18, 2024.

Key Points: 
  • Orveon Global (“Orveon” or “the Company”), a purpose-driven collective of premium beauty brands, today announced that Neela Montgomery will join the Company as Chief Executive Officer (“CEO”), effective January 18, 2024.
  • Ms. Montgomery will also join the Orveon Board of Directors (the “Board”).
  • “Orveon has established a strong foundation in its two years since launch and Neela is the ideal executive for this next phase of growth.
  • Ms. Montgomery is a member of the Board of Directors of Logitech, Squarespace and Fetch.

EQS-News: Hawesko Holding SE: Hendrik Schneider becomes new Chief Financial Officer

Retrieved on: 
Saturday, December 30, 2023
HAW, CFO, Politics, Wine, Frankfurt Stock Exchange, Otto GmbH, Otto, Supervisory board, University of Hamburg, Management

Hamburg, November 21, 2023: The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) announces that the company's Supervisory Board has appointed Hendrik Schneider as Chief Financial Officer (CFO).

Key Points: 
  • Hamburg, November 21, 2023: The wine trading group Hawesko Holding SE (HAW, HAWG.DE, DE0006042708) announces that the company's Supervisory Board has appointed Hendrik Schneider as Chief Financial Officer (CFO).
  • After holding management positions in the Controlling/Finance division of the Otto Group, Hamburg, he is currently Chief Financial Officer at Hermes Germany GmbH.
  • Hendrik Schneider on his new role: "I am delighted to soon be part of the largest premium wine trading group.
  • The shares in Hawesko Holding SE are listed on the Hanseatic Stock Exchange, Hamburg, and in the Prime Standard segment of the Frankfurt Stock Exchange.

Limango Selects NICE CXone to Elevate their CX Operation to the Cloud

Retrieved on: 
Monday, November 20, 2023
Software, Networks, Professional Services, Online Retail, Internet, Business, Data Management, Electronic Commerce, Apps, Applications, Technology, Retail, Other Professional Services, Other Technology, Otto GmbH, CX, Otto, 1972 Nice International Championships

NICE (Nasdaq: NICE) today announced that limango , a leading German online retailer for families, has selected NICE CXone to migrate its contact center to the cloud.

Key Points: 
  • NICE (Nasdaq: NICE) today announced that limango , a leading German online retailer for families, has selected NICE CXone to migrate its contact center to the cloud.
  • limango, a member of the Otto Group, offering a wide array of products and services across Europe, is committed to continuously enhancing its customer service.
  • Seeking more flexibility, efficiency, and a way to future-proof its contact center operations, limango selected NICE CXone as the foundation for its contact center operations.
  • We are very optimistic that our transition to NICE CXone will be a significant step in this direction.

PrimeRevenue Customer OTTO GROUP Takes Home Two Awards at 2023 Working Capital Awards, Including Night's Most Prestigious Prize

Retrieved on: 
Wednesday, November 29, 2023
SCF, Creativity, Gold, Otto GmbH, Supply, Growth, Bangladeshis, Otto, Highest and best use, Gold Award, Working capital, Film industry, Cryptocurrency

ATLANTA, Nov. 29, 2023 /PRNewswire-PRWeb/ -- PrimeRevenue, the leading provider of working capital financial technology solutions, is pleased to announce that PrimeRevenue customer Otto Group, one of the world's largest e-commerce retailers, took home two major prizes at the 2023 Working Capital Awards.

Key Points: 
  • ATLANTA, Nov. 29, 2023 /PRNewswire-PRWeb/ -- PrimeRevenue , the leading provider of working capital financial technology solutions, is pleased to announce that PrimeRevenue customer Otto Group , one of the world's largest e-commerce retailers, took home two major prizes at the 2023 Working Capital Awards .
  • PrimeRevenue, the leading provider of working capital financial technology solutions, is pleased to announce that PrimeRevenue customer Otto Group, one of the world's largest e-commerce retailers, took home two major prizes at the 2023 Working Capital Awards.
  • In an article titled Otto Group leads the pack in Working Capital Awards , the Working Capital Awards website states: "Otto Group took away this year's Gold Award for a working capital programme that impressed judges on nearly every level.
  • Through economic uncertainty and volatility, PrimeRevenue has helped Otto Group improve cash flow management, optimize working capital and tackle regulatory challenges.

EQS-News: Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted

Retrieved on: 
Tuesday, November 7, 2023
CFO, EBITDA, Growth, Tewes, RTÉ Executive Board, ARR, Otto GmbH, EUR, DACH, Music, Film industry, Exasol

Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted

Key Points: 
  • Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted
    The issuer is solely responsible for the content of this announcement.
  • Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted
    Nuremberg, Oktober 30, 2023: Exasol AG has increased its Annualized Recurring Revenue (ARR) to EUR 37.0 million at the end of the third quarter, based on unaudited preliminary results as of September 30, 2023 (September 30, 2022: EUR 33.5 million).
  • As of October 27, 2023, the ARR therefore had already further increased to a total of EUR 38.3 million (+14% year-on-year).
  • "The third quarter showed increasing momentum in ARR development, even though some contracts could not be closed until early October," says Jörg Tewes, CEO of Exasol.

US Courier, Express, and Parcel Market to increase by USD 31.8 billion from 2022 to 2027, The growing fast-moving consumer good(FMCG) industry to drive the growth- Technavio

Retrieved on: 
Thursday, September 28, 2023
Population growth, Hilltop Holdings Inc., Food, Drink, B2B, United States Postal Service, Royal, Internet, FTA receiver, Korea Post, FREE, YOY, USD, FedEx, Express, Investment, Nature, United Parcel Service, Flight Express, Inc., Growth, Otto GmbH, Mail, Geography, FMCG, SF Express, Deutsche Post DHL Group, Buffalo Courier-Express, CEP, Marketing, Online shopping, Retail, India Post, Parcel

Consequently, these factors are poised to have a positive impact on the growth of the courier, express, and parcel (CEP) market in the United States.

Key Points: 
  • Consequently, these factors are poised to have a positive impact on the growth of the courier, express, and parcel (CEP) market in the United States.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies is driving market growth.
  • One of the key factors driving the Brazil express delivery market growth is the growth of the e-commerce market.

E-Commerce Market to grow by USD 12,951.56 billion from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Alibaba Group Holding Ltd, Amazon.com Inc. & Apple Inc., and many more - Technavio

Retrieved on: 
Friday, September 22, 2023
EBay, Networking hardware, Amazon (company), IPhone, Etsy, Zalando, Food, Drink, IPad, Inter, Marketing, Electronics, Internet, Internet of things, South Dakota v. Wayfair, Inc., Apple Inc., Clothing, USD, Costco, Digital technology, The Home Depot, Beauty, Application, Convenience, Growth, Otto GmbH, System, OEM, Health, HOB GmbH & Co KG, Ali Baba, Mac, Walmart, Online shopping, Channel, Geography

The e-commerce market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The e-commerce market is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer e-commerce market are Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt.
  • The report provides a full list of key companies, their strategies, and the latest developments.
  • By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa.

4D printing in healthcare market size to Grow by USD 42,391.26 thousand from 2022 to 2027 | The increased demand for personalized or customized medical devices to boost market growth - Technavio

Retrieved on: 
Thursday, August 24, 2023
Equipment, Component, Medicine, Challenge, Elective surgery, Health care, Software, Research, Instrument, USD, Patient, ROW, Implant, 3D Systems, Growth, Otto GmbH, MAI Systems Corp. v. Peak Computer, Inc., 3D printing, Retail, Medical device, Geography

The size of the market is forecast to increase by USD 42,391.26 thousand according to Technavio.

Key Points: 
  • The size of the market is forecast to increase by USD 42,391.26 thousand according to Technavio.
  • The increased demand for personalized or customized medical devices is the key factor notably driving market growth.
  • The growing demand for personalized or customized medical devices is driving the growth of the market in particular.
  • Significant Challenge - The high initial setup cost of 4D printing facilities is a challenge that affects the growth of the market.

Otto Group Enters Strategic Partnership with Covariant to Power its Logistics Network with AI Robotics

Retrieved on: 
Tuesday, May 9, 2023
Technology, Retail, Engineering, Robotics, Manufacturing, Supply Chain Management, Online Retail, Electronic Commerce, Artificial Intelligence, Other Technology, Software, Internet, Hardware, Other Manufacturing, Partnership, Otto GmbH, Federal Executive Boards, Investment, Haldensleben, Growth, Artificial intelligence, AI, Otto, Automation, Medical device, Warehouse, Covariance

To build a foundation for future growth, the Otto Group, the largest online retailer with European origin, is entering into a long-term strategic partnership with Covariant ( https://covariant.ai ), the world's leading AI Robotics company.

Key Points: 
  • To build a foundation for future growth, the Otto Group, the largest online retailer with European origin, is entering into a long-term strategic partnership with Covariant ( https://covariant.ai ), the world's leading AI Robotics company.
  • The Otto Group will deploy Covariant robots to increase operational efficiency, build resilience against labour market challenges, and improve the overall quality of work within their fulfilment centres.
  • The use of AI will be a key success factor in logistics in the future," said Kay Schiebur, Member of the Executive Board, Services, Otto Group.
  • The vision of this partnership is to have hundreds of Covariant’s AI-powered robotic solutions installed across all Otto Group fulfilment centres.

500 investors from across the globe to attend GoforIsrael Conference

Retrieved on: 
Tuesday, March 28, 2023
Amazon Web Services, Investment, Samsung Catalyst Fund, APM, La Repubblica, House, Deep tech, Otto GmbH, Hilton Tel Aviv, Corporation, Banca Generali, Conference, Mergers & Acquisitions, Rothschild Bank, CIC, TEL, Biotechnology, Taboola, Hang Lung Properties, CBO, Agriculture, Catalysis, Sabancı Holding, Mergers and acquisitions, Renewable energy, Ecosystem, Cukierman, AI, COVID19, Computer security, Cryptocurrency, Management, Mobileye, Medtech, Virility, Watergen, Mobility

TEL AVIV, Israel, March 28, 2023 /PRNewswire/ -- The International Investment Conference GoforIsrael will celebrate its 30th edition and will host hundreds of investors from Europe, USA, Mexico and Asia. Organized by Cukierman & Co. Investment House and Catalyst Funds, GoforIsrael is considered as one of the most influential and prestigious business conferences in Israel, thanks to its international recognition of its impact on the future of foreign investments in Israel and on Israeli and global investments worldwide.

Key Points: 
  • TEL AVIV, Israel, March 28, 2023 /PRNewswire/ -- The International Investment Conference GoforIsrael will celebrate its 30th edition and will host hundreds of investors from Europe, USA, Mexico and Asia.
  • GoforIsrael will welcome 1000 participants including 500 investors from abroad and will facilitate more than 800 one-on-one meetings.
  • "The GoforIsrael conference accelerates investors' relationship with the Israeli ecosystem by creating focused and direct meetings between Israeli entrepreneurs in a variety of areas and senior investors from Europe, the U.S., Turkey, China and Latin America.
  • The event will give the opportunity to dozens of startups, at various stage, to pitch their innovative technologies to over 500 foreign investors.