DMA honors Spiegel Grp. chairman
November 5, 2001,
Downers Grove, IL — Michael Otto, chairman of The Spiegel Group, has been inducted into the Direct Marketing Association's Hall of Fame, one of the highest professional honors in direct and interactive marketing.
Martin Zaepfel, vice chairman, president and ceo of The Spiegel Group, accepted the award on behalf of Otto at the Direct Marketing Association's 84th annual conference and exhibition in Chicago.
The Otto Group is the parent company of Spiegel.
Zaepfel continued, "Dr. Otto's strategic direction has enabled the Otto Group's global network to combine its old economy strengths with new economy opportunities in innovative ways. In addition to being a successful business leader, Dr. Otto has not lost sight of his social responsibility towards people and the environment."
With sales of more than $21 billion in fiscal year 2000, the Otto Group has more than 76,000 employees in 23 countries in Europe, America and Asia. In e-commerce, the Otto Group is second worldwide behind Amazon in the business-to-consumer segment with online sales of more than $1 billion.
Related Content By Author
TEN Collection Wows High Point Market
Home Textiles Today eDaily
Most Viewed Articles
See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs. Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.