LUDWIG BECK closes fiscal year 2020 with significant sales losses due to the impact of 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.
QIII 2021

The Consolidated Interim Release closing on September 30, 2021 contains information covering the first nine months of the fiscal year 2021.

QII 2021

The Consolidated Interim Report closing on June 30, 2021 contains information covering the second quarter and the first six months of the fiscal year 2021.

QI 2021

The Consolidated Quarterly Statement closing on March 31, 2021 contains information covering the first three months of the fiscal year 2021.

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG: Sale of a property leads to extraordinary income at group level

AD-HOC RELEASE according to Art. 17 MAR

 

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG
- ISIN DE000519990 –

 

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG: Sale of a property leads to extraordinary income at group level

Munich, November 11, 2020 – Ludwig Beck Grundbesitz Haar GmbH

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG withdraws sales and earnings forecast for the financial year 2020

AD-HOC RELEASE according to Art. 17 MAR

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG
- ISIN DE000519990 –

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG withdraws sales and earnings forecast for the financial year 2020

Munich, November 4, 2020 – Against the background of the effects of the

LUDWIG BECK - Sales and earnings development after the first nine months of the fiscal year in line with the "Corona forecast”
Munich, October 22, 2020 - As planned, the Munich fashion group LUDWIG BECK (ISIN DE 0005199905) had to accept a significant loss in sales in the first nine months due to the COVID-19 pandemic, the resulting lockdown, and the subsequent restrained consumer mood.
LUDWIG BECK - Press release on the Annual General Meeting 2020
Munich, July 28, 2020 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on July 28, 2020, though this year for the first time in virtual form due to the coronavirus pandemic. Shareholders and shareholder representatives had the opportunity to follow the event via video stream on a dedicated online portal. 2.8 million votes representing 75% of the share capital were represented. All items on the agenda received very high approval.
Due to the corona pandemic and the officially ordered lockdown, LUDWIG BECK had to accept significant sales losses in the first half of 2020
München, July 23, 2020 – The coronavirus pandemic and the nationwide ordered lockdowns in the first half of the year cost stationary fashion retailers more than a third of their sales compared to the same period last year. According to a survey by the TW Testclub, stationary fashion retailing closed the first half of 2020 with a decline of 35 percent on average. Ninety percent of the participating retailers reported sales declined by 20 percent and more. The coronavirus pandemic has made an additional serious blow to the highly competitive textile retail trade, which had already been struggling with a general decline in customer frequency, unfavourable weather, and a weakening buying mood in recent years