![Michael Otto, chairman of OTTO Versand, the world's largest mail-order company, addresses the annual news conference at the company headquarters in the northern German town of Hamburg June 21, 2007. REUTERS/Morris Mac Michael Otto, chairman of OTTO Versand, the world's largest mail-order company, addresses the annual news conference at the company headquarters in the northern German town of Hamburg June 21, 2007. REUTERS/Morris Mac](https://c8.alamy.com/comp/2E6PNBN/michael-otto-chairman-of-otto-versand-the-worlds-largest-mail-order-company-addresses-the-annual-news-conference-at-the-company-headquarters-in-the-northern-german-town-of-hamburg-june-21-2007-reutersmorris-mac-matzen-germany-2E6PNBN.jpg)
Michael Otto, chairman of OTTO Versand, the world's largest mail-order company, addresses the annual news conference at the company headquarters in the northern German town of Hamburg June 21, 2007. REUTERS/Morris Mac
![Michael Otto, head of the world biggest mail order firm OTTO - Versand speaks to the press during a public day for the press at the OTTO - Versand headquarter in Hamburg Michael Otto, head of the world biggest mail order firm OTTO - Versand speaks to the press during a public day for the press at the OTTO - Versand headquarter in Hamburg](https://c8.alamy.com/comp/2D5GJ1J/michael-otto-head-of-the-world-biggest-mail-order-firm-otto-versand-speaks-to-the-press-during-a-public-day-for-the-press-at-the-otto-versand-headquarter-in-hamburg-july-22-the-international-mail-order-firm-will-celebrate-its-50th-anniversary-on-august-17-2D5GJ1J.jpg)
Michael Otto, head of the world biggest mail order firm OTTO - Versand speaks to the press during a public day for the press at the OTTO - Versand headquarter in Hamburg
![Michael Otto, company chairman of "Otto Versand", gestures during an interview in Hamburg February 6, 2001. Otto Versand, the world's largest mail-order conglomerat, has seen its Internet sales more than triple in Michael Otto, company chairman of "Otto Versand", gestures during an interview in Hamburg February 6, 2001. Otto Versand, the world's largest mail-order conglomerat, has seen its Internet sales more than triple in](https://c8.alamy.com/comp/2D4HY7C/michael-otto-company-chairman-of-otto-versand-gestures-during-an-interview-in-hamburg-february-6-2001-otto-versand-the-worlds-largest-mail-order-conglomerat-has-seen-its-internet-sales-more-than-triple-in-the-past-year-chaws-2D4HY7C.jpg)
Michael Otto, company chairman of "Otto Versand", gestures during an interview in Hamburg February 6, 2001. Otto Versand, the world's largest mail-order conglomerat, has seen its Internet sales more than triple in
![Hans-Otto Schrader, member of the Executive Board of the Otto Group and responsible for Merchandising, attends a presentation of the new OTTO catalogue to the media in Hamburg December 14, 2006. OTTO Hans-Otto Schrader, member of the Executive Board of the Otto Group and responsible for Merchandising, attends a presentation of the new OTTO catalogue to the media in Hamburg December 14, 2006. OTTO](https://c8.alamy.com/comp/2E6YG1A/hans-otto-schrader-member-of-the-executive-board-of-the-otto-group-and-responsible-for-merchandising-attends-a-presentation-of-the-new-otto-catalogue-to-the-media-in-hamburg-december-14-2006-otto-versand-is-the-worlds-largest-mail-order-company-reuterschristian-charisius-germany-2E6YG1A.jpg)
Hans-Otto Schrader, member of the Executive Board of the Otto Group and responsible for Merchandising, attends a presentation of the new OTTO catalogue to the media in Hamburg December 14, 2006. OTTO
![Michael Otto, chairman of OTTO Versand, the world's largest mail-order company, addresses the annual news conference at the company headquarters in the northern German town of Hamburg June 21, 2007. REUTERS/Morris Mac Michael Otto, chairman of OTTO Versand, the world's largest mail-order company, addresses the annual news conference at the company headquarters in the northern German town of Hamburg June 21, 2007. REUTERS/Morris Mac](https://c8.alamy.com/comp/2D2W7W7/michael-otto-chairman-of-otto-versand-the-worlds-largest-mail-order-company-addresses-the-annual-news-conference-at-the-company-headquarters-in-the-northern-german-town-of-hamburg-june-21-2007-reutersmorris-mac-matzen-germany-2D2W7W7.jpg)