Corporate News

  • LUDWIG BECK closes a challenging 2019 financial year with sales at the previous year's level
    Munich, March 26, 2020 – In the 2019 financial year, Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) generated sales at the previous year's level with its remaining business divisions. After the sale of the WORMLAND group division, LUDWIG BECK focused on the core business in the parent company at Marienplatz in Munich.
  • LUDWIG BECK’s gross sales in line with expectations
    Munich, January 08, 2020 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) generated net sales from continued operations of € 94.9m in 2019 – 0.6% below previous year’s level of € 95.5m.

  • LUDWIG BECK – Sales at last year’s level after the first nine months
    Munich, October 24, 2019 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) recorded gross sales at last year’s level for its continued business operations despite the challenging market environment prevailing in the first nine months of 2019.
  • Changes on the Executive Board of LUDWIG BECK AG
    Munich, August 13, 2019 – At the Supervisory Board meeting on 12 August 2019, the following changes on the Executive Board of LUDWIG BECK AG were resolved.

    By mutual amicable agreement, Mr Dieter Münch (64) will leave the company on 31 August 2019. Mr Münch started his career in the controlling department in 1980 and was appointed to the Executive Board in 1998. During this time he was responsible for Finance, Personnel and IT. The Supervisory Board would like to express its gratitude for his many years of successful and loyal service to LUDWIG BECK. The decisions he made during this time led to the successful implementation of key measures which enabled the company to grow over many years and to consolidate in an increasingly difficult business environment.
  • LUDWIG BECK’s achieved results were in the range of expectations in the first six months of 2019
    Munich, July 25, 2019 – After the sale of the WORMLAND business segment on April 30, 2019, the Munich Fashion Group LUDWIG BECK focuses once again on the core business at Marienplatz in Munich and on the online trade. Therefore, reporting according to IFRS 5 will generally relate to continued operations starting with this 2019 half-year report.

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