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Struggling Hermes: Otto's loss-making division gains attention from China's internet powerhouses

Shrinking workforce at Hermes Germany, as job reductions are imminent. Sales concerns swirl, foster speculation that Chinese online industry titans could pique interest in the struggling company.

Struggling Hermes faced with growing interest from Chinese online powerhouses due to Otto's...
Struggling Hermes faced with growing interest from Chinese online powerhouses due to Otto's financial struggles offspring

Struggling Hermes: Otto's loss-making division gains attention from China's internet powerhouses

In a recent update, it has been announced that users of the Contentpass subscription service may notice some changes regarding data processing and transfer.

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We encourage all users to review these policies to ensure they are comfortable with the data handling practices. As always, your privacy is of utmost importance to us.

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