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Otto Versand Sales Said to Grow 10.4%

Mammoth cataloger Otto Versand GmbH, based in Hamburg, Germany, said fiscal 1999 sales rose 10.4% on gains at its specialty retail units, according to wire service reports.Sales reportedly rose to 33 billion deutsche marks ($18.5 billion) in the year ended Feb. 28 from fiscal 1998,.

Mammoth cataloger Otto Versand GmbH, based in Hamburg, Germany, said fiscal 1999 sales rose 10.4% on gains at its specialty retail units, according to wire service reports.

Sales reportedly rose to 33 billion deutsche marks ($18.5 billion) in the year ended Feb. 28 from fiscal 1998,.

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