Munich, April 26, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) has closed the first quarter of 2016 at a satisfactory level overall. At group level, the company was able to register a distinct increase in sales in comparison to the previous year, which was due to the acquisition of the new WORMLAND segment in the second quarter of 2015. LUDWIG BECK succeeded in holding up like-for-like sales in spite of challenging conditions. The German fashion trade concluded the first quarter of the current fiscal year with an accumulated deficit of 2%.

Munich, March 22, 2016 – With its takeover of men’s fashion retailer WORMLAND, Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) has set the course for considerable growth in its stationary offering in the fiscal year 2015. The flagship store at Munich’s Marienplatz and the company´s online division remain on a stable course.

Munich, January 8, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) was able to significantly increase sales at group level to € 158.6m (previous year: € 102.7m) in the past fiscal year. The strong rise was due to the acquisition of WORMLAND back in May 2015. The new segment accounted for € 54.7m in sales on a pro-rata basis.

Munich, October 20, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) generated gross sales in the amount of € 100.9m in the first nine months of the 2015 fiscal year (previous year: € 69.2m). This strong increase is primarily the result of the takeover of WORMLAND. On account of the effects of this acquisition, comparability of the key figures at group level can be applied only to a limited degree in regard to the same period of the previous year.

Munich, July 21, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) has closed the first half-year of 2015 very satisfactorily. The dominant event in the second quarter was the acquisition of 100% of the shares in WORMLAND, a men’s fashion retailer based in Hanover. This strategically significant step has already been reflected in the financial figures of the Group, whose comparability with those of the same period last year is thus strongly reduced. The integration of WORMLAND is therefore essentially completed. Since not all information required for the conclusive recognition of the business combination in the balance sheet is currently available, a preliminary purchase price allocation has been undertaken.

Munich, May 13, 2015 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 13, 2015, attended by almost 600 shareholders, shareholders‘ representatives and guests, who represented approximately 80% of the share capital and thus just under 3 million votes. All agenda items were approved by overwhelming majority votes.

Munich, May 13, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) yesterday announced the full acquisition of the Hanover-based men’s fashion store chain WORMLAND. The fashion company, which was founded in 1935, is considered the “avant-gardist in men’s fashion“ in the German retail sector, a genuine lifestyle brand offering a unique trading concept. Germany-wide, the company is represented with 15 branches. In 2014, it produced sales in the amount of approximately € 79.6m with a total of 465 employees on a sales area of 13,600 sqm.

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.

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.

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%.