Otto sales partners generate revenue growth
Otto expects slightly higher revenue for the upcoming year-end period compared to the same period last year. According to CEO Marc Opelt, the platform model is the “key growth engine” of the online department store. Opelt describes himself as “cautiously optimistic” about the sales results at the end of this challenging year. “2023 has not been an easy year for online trading. We now expect a slight recovery for Christmas activities.” More orders, smaller amounts Otto observes that customers spend…