Munich, April 17, 2025 – The Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) reported a year-on-year sales decline of around 2.4% in the first quarter of 2025, while the industry as a whole saw a drop of 5.0% over the same period, according to the trade journal "TextilWirtschaft".

Munich, March 27, 2025 – Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) once again faced numerous challenges in 2024. The financial year was characterised by extreme weather, strikes, and domestic and foreign political uncertainties, which had a strong impact on brick-and-mortar retail. The war in Ukraine and its economic impact on companies and consumers dampened consumer spending in all segments. Despite the lively atmosphere in the country, the European Football Championship did not provide the hoped-for economic impetus. The fourth quarter, which traditionally generates the highest sales, and Christmas business in particular, were also disappointing, not least due to the massive impact of Black Friday, which originated from the online sector.