Corporate News

  • LUDWIG BECK concludes first quarter of 2015 at previous year’s level – trade slides noticeably into the red
    Munich, April 23, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) concluded the first quarter of 2015 at the previous year’s level. While the trade scored a loss of 5% in aggregate in the period under report, LUDWIG BECK was able to demonstrate remarkable stability even though the company was still exposed to restraining influences like dwindling numbers of free-spending tourists from Eastern Europe and protracted municipal construction works at Munich’s Marienplatz.
  • LUDWIG BECK still on growth track in 2014 despite negative branch trend – Executive and supervisory board proposes to increase the dividend by 50% to € 0.75 (previous year: € 0.50)
    Munich, March 30, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) remained on its growth track in the fiscal year 2014. The Group was thus able to further pursue its course of stability, and to successfully defy problematic factors like counter-cyclical weather patterns, a decline in tourist visits from Eastern Europe or protracted construction works on the mezzanine subway/suburban train level at Munich’s Marienplatz.
  • LUDWIG BECK increases gross sales - online business continues to grow
    Munich, January 8, 2015 – According to preliminary figures, gross sales of Munich fashion group LUDWIG BECK (ISIN DE 0005199905) rose by € 0.6m to € 102.7m (previous year € 102.1m) in the 2014 fiscal year. That is a 0.5% gain in sales compared to the previous year. Textile retail had to accept a sales decrease of 3% for the past fiscal year (source: TextilWirtschaft). Holiday sales figures in December had a conciliatory effect for LUDWIG BECK. While, according to TextilWirtschaft, the textile retail sector recorded a 4% loss in sales for December, LUDWIG BECK was able to significantly increase sales and gained 8.2%.
  • LUDWIG BECK records improved earnings and a 1.1% gain in sales for the 1st nine months of 2014 – Textile retail sector ends with a negative growth
    Munich, October 21, 2014 - Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) ends the 3rd quarter of the 2014 fiscal year with a slight increase in sales. According to TextilWirtschaft, German fashion retail sales slipped 1.0% in the same period.
  • LUDWIG BECK generates 2.2% gain in sales in 1st half of 2014
    Munich, July 17, 2014 - Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) ends the 1st half of the 2014 fiscal year with a sales growth of 2.2%. The German textile retail sector reports sales at par with last year’s same period, according to TextilWirtschaft (TW).

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