Otto Group Russia Profit Growth Ingredients: Vibrant Russian Market, Organized German Management, Diverse Global Brands.
Martin Schierer, CEO, Otto Group Russia talks to PickingAlpha about Otto Group in Russia and answers the following questions:
What does OTTO Group do in the Russian market?
In OTTO Group what is the share of the Russian market?
In many statistical reports Russia is recognized as the fastest growing retail market, do you have retail outlets in Russia, if yes what are they?
How different are Russian consumer preferences from the other countries?
What were the challenges that you had to overcome in Russia?
Do you work with Fashion startups?
There are a lot of Fashion Startups in Europe; do you help them come to the Russian Market? If yes, what are your criteria?
What are the most popular fabric types in Russia now?
Otto Group is investing 50 mln Euros in Russian market, what are the expected returns and towards what is the investment targeted?