Corporate News

  • LUDWIG BECK increases branch-adjusted gross sales by 0.6% - further positive development expected for 2014
    Munich, January 8, 2014 – In 2013, Munich fashion group LUDWIG BECK (ISIN DE 0005199905) generated branch-adjusted gross sales of € 102.1m (previous year: € 101.6m). This denotes a 0.6% increase in like-for-like sales at Group level. Without the adjustment, that is, taking into account the Esprit branch at the Munich Olympia Shopping Mall, which was sold in 2012, gross sales were slightly below last year’s level of € 103.2m. The online store www.ludwigbeck.de, launched in December 2012, already made a positive contribution to Group´s sales in its first year of business and fulfilled all of management’s expectations.
  • LUDWIG BECK: Weather conditions continue to affect sales development – optimistic expectations for year-end sales
    Munich, October 17, 2013 – The unusually long winter already had a detrimental effect on spring sales for Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905). Summer brought more adverse conditions: a heat wave and construction in the Tram network. Tram connections to the flagship store at Munich Marienplatz were shut down for four Saturdays – the most important sales day for LUDWIG BECK. The consequential decline in sales for the 1st nine months of 2013 was nonetheless relatively moderate, with -0.4% in like-for-like sales. The new online shop continued to perform very satisfactory. The fashion retail sector recorded a 2% drop for the same period.
  • Weather conditions dominate fashion retail performance of the previous months - LUDWIG BECK earnings within expectations
    Munich, July 18, 2013 – Adverse weather conditions over long stretches of the 1st half of the fiscal year 2013 only had a minor effect on the financial key figures of Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905). The online shop launched at the turn of the year gains further momentum.
  • Press release on the Annual General Meeting 2013 Venue: Hotel Hilton München Park, Am Tucherpark 7, 80538 Munich
    Munich, Mai 8, 2013 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 8, 2013, attended by nearly 550 shareholders and shareholders’ representatives, who represented approximately 80% of the share capital and thus nearly 3 million votes. All agenda items were approved by overwhelming majority votes.
  • LUDWIG BECK performs satisfactorily in 1st quarter – new online shop gains strong momentum
    Munich, April 18, 2013 – Given the adverse weather conditions, the Executive Board of LUDWIG BECK AG (ISIN DE 0005199905) finds the company’s performance in the first quarter to be very satisfactory. The new online shop for beauty products (www.ludwigbeck.de) was just launched at the end of 2012 and is already on the road to success.

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