Munich, May 12, 2015 – LUDWIG BECK AG today acquired all shares in WORMLAND Unternehmensverwaltung GmbH via a subsidiary. The parties agreed to keep the purchase price secret.

Through its subsidiary Theo Wormland GmbH & Co. KG, WORMLAND Unternehmensverwaltung GmbH operates a total of 15 German textile retail branches in

Munich, October 1, 2016 - Based on preliminary figures as of September 30, 2016, LUDWIG BECK AG is expecting lower sales and lower earnings for 2016 as a whole.

Due to hot weather in the second half of August and the first half of September, the drop in visits to

Munich, February 2, 2017 - Based on provisional figures of December 31, 2016, LUDWIG BECK AG is expecting a better result for the full year of 2016, despite the forecast published on October 1, 2016. 

For weather-related reasons the consumer reticence observed in the third quarter of 2016 diminished in