Witt Weiden

Subsidiary
Industry Mail-order business
Founded 1907
Founder Josef Witt
Headquarters Weiden, Germany
Key people
 Wolfgang Jess
Stefanie Zühlke-Schmidt
Stephan Merck
Jürgen Angstmann
Revenue €666 million
Number of employees
 2,500
Parent Otto Group
Website Witt Weiden

Witt Weiden is a mail-order house, located in Weiden, Germany. The company is a 100% subsidiary of the Otto Group.

History of Witt Weiden

Witt Weiden is the oldest mail-order house for clothes in Germany. The company was founded in 1907 by Josef Witt (1884-1954). Josef Witt is regarded as a pioneer in the mail-order business in Germany.

In 1907 he took over his sister's grocer's store in Reuth bei Erbendorf. This was the beginning what became later an extremely successful mail-order house.

In the 1930s the business had expanded significantly. The company had a workforce of 5,000 employees; sales raised to 86 million Reichsmarks. After the death of Josef Witt, his wife Monika continued the business operations from 1954 to 1958. Then their son, Josef Witt Jr., took over. Because of a sales crisis in the 1980s, the company was sold to Schwab, a subsidiary of the Otto Group.

The firm had an annual turnover of €666 million in the fiscal year 2012-2013.

Thomas Witt, the grandson of Josef Witt, founded the Museum Witt in Munich. The Witt family has no financial stake in Witt Weiden.

Witt Weiden Headquarters

This article is issued from Wikipedia - version of the 10/26/2013. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.