Otto Group reveals its ecommerce project Collins
The Otto Group finally revealed its longtime secret project Collins. Using an open platform for third-party developers and contributors, the startups wants to attract young buyers. According to chief Benjamin Otto its claim is to make shopping for the younger generation as unique and inspiring as their digital world already is. “Ecommerce is still at the beginning of a new digital era.”
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Collins is presented as the first open business model on the German ecommerce market. Based on a new infrastructure and in cooperation with designers, developers, brand suppliers and merchants, new shops will arise with integrated fashion applications for the digital generation. The first two brands are About You and Edited.
According to several sources the Otto Group has invested hundreds of millions in the project, which now employs 140 people. On the “About Us” page from Collins, it says: “Our shopping brand About You, which we launched in May, integrates the apps made by our external partners and offers them seamlessly in the same shop. Another new brand we created is Edited, a sharp oriented fashion and content brand with a special mix of brands.”
On aboutyou.de customers are able to, for example, use an integrated app where they can be informed about the appropriate dress code in trendy clubs in the city, including pictures of different fashion styles. Another app displays the latest photos of Hollywood stars and provides suggestions for evening outfits. Also integrated via apps are tools where customers can design their own shoes. Aboutyou.de offers 50,000 clothes, shoes and accessories. The target group consists of women between 20 and 40, but the site also offers items for men.
The project got attention in the German media, not only because of the big amount of money the Otto Group throws at Collins, but also because Benjamin Otto, the 38-year old son of Otto-chairman Michael Otto. Benjamin has not worked for the family group before and currently doesn’t specify whether he one day will take over the management of the company. Under the umbrella of the Otto Group, about a hundred online stores together record sales of more than six billion euros. This accounts for 61% of the Otto Group’s turnover.