Munich, October 21, 2021 - Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) had to accept a significant loss in sales in the first nine months due to severe restrictions in connection with the COVID-19 pandemic.

Munich, July 22, 2021 – After the “pandemic-year” 2020 also the first half of 2021 was heavily impacted by the COVID-19 pandemic again. Coupled with the nationwide lockdowns imposed, bricks-and-mortar fashion retailers had to contend with losses of more than half of their sales versus a "normal year". Losses of almost 60% were recorded compared to 2019. According to a survey by TW Testclub, brick-and-mortar fashion retailers ended the first half of 2021 down an average of 40% on the 2020 fiscal year. The coronavirus pandemic has represented an additional severe blow to the highly competitive textile retail sector, which has already been struggling in recent years with declining customer frequencies, unfavourable weather conditions, and a weakening shopping mood.

Munich, May 17, 2021 - LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 17, 2021, once again in virtual form due to the COVID-19 pandemic. Shareholders and shareholder representatives had the opportunity to follow the event via video stream on a dedicated online portal. 2.9 million votes, or 77% of the share capital, were represented. All items on the agenda received high levels of approval.

Munich, April 22, 2021 - The Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) ended the first quarter of 2021 with a significant decline in sales of 56.8% compared to the same period of the previous year as a result of the officially ordered lockdown until March 7, 2021, and the subsequent "Click & Meet" due to the COVID-19 pandemic.

Munich, March 24, 2021 - Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) suffered a drastic decline in sales in the fiscal year 2020 due to the COVID-19 pandemic lockdown in spring 2020, the “lockdown light” in November 2020 and the renewed lockdown in mid-December 2020, which significantly affected the 4th quarter and the Christmas business, the most important quarter for the retail trade.