UK retail property giant Hammerson’s Via Outlets joint venture has named two newly-created senior management positions with Otto Ambagtsheer joining as Chief Operating Officer and Peter Stals as Chief Financial Officer.
Otto Group could eventually list its fast-growing fashion unit About You, but it's clear a stock exchange move is some time away yet as it focuses on finding a strategic partner and growing internationally first.
Stealthy in-line store pull-outs and intensified competition to attract new retailers figure among the problems facing malls in 2018, which must diversify their offer and focus their investments on consumer experience.
Andreas Streubig has previously spent more than two decades at Hamburg-based Otto Group, where he held several senior positions, including head of sustainability. At Hugo Boss, he will report directly to CEO Mark Langer.
In an interview with FashionNetwork.com, Thomas Bretscher, Country Manager for Northwest Europe at Tom Tailor, talks about the company’s new three-year plan and the restructuring of the wholesale business.
The German shipping company has opened its largest European hub in Rugby, England. The facility will process a record 1.5 million parcels a day, part of the company's effort to keep pace with booming UK e-commerce.