Corporate News

  • LUDWIG BECK Group concludes fiscal year 2016 with a satisfactory result
    Munich, March 28, 2017 – In the fiscal year 2016, the Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) had to face some challenges, but was able to master them by the end of the year with a satisfactory result in overall terms. Once again, anticyclical weather patterns proved to have a major impeding impact. However, appropriate seasonal weather for the Christmas business provided a boost in sales. The WORMLAND segment, newly acquired in 2015, concluded its first full fiscal year under the umbrella of the LUDWIG BECK Group and developed in line with expectations during that period. With the launch of the new WORMLAND flagship store in Nuremberg in October 2016 a promising milestone in the history of this long-established company has been set.
  • LUDWIG BECK Group concludes 2016 fiscal year on a satisfactory note
    Munich, January 9, 2017 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) has concluded the 2016 fiscal year with an increase in sales over the previous year. The Group generated gross sales in the aggregate amount of € 177.1m, thus clearly exceeding the sales targets adjusted to € 174m last October. Seasonally appropriate weather conditions provided the basis for the success achieved in the traditionally strong-selling fourth quarter.
  • LUDWIG BECK Group: Adverse weather conditions caused sales so far to fall below expectations in the first nine months
    Munich, October 25, 2016 – The Munich fashion Group LUDWIG BECK (ISIN DE 0005199905) recorded a clear sales growth in the first nine months of the fiscal year 2016, yet could not evade the negative conditions impacting on the German fashion trade as a whole. Consequently, the development of sales did not meet expectations.
  • LUDWIG BECK Group generates significant increase in sales in the first half of 2016
    Munich, July 26, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) recorded a substantial growth in sales in the first half of 2016, attributable to the WORMLAND segment newly acquired in May 2015. The German fashion trade concluded the first six months of the year under report with a cumulative 1% decline in sales.
  • Press release on the Annual General Meeting 2016 Venue: Hotel Hilton München Park, Am Tucherpark 7, 80538 Munich
    Munich, May 10, 2016 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 10, 2016, attended by approximately 600 shareholders, shareholders‘ representatives and guests. Almost 80% of the share capital equaling more than 2.9 million votes were represented. All agenda items were approved by overwhelming majority votes.

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