Corporate News

  • LUDWIG BECK with positive development in the 2022 fiscal year
    Munich, March 29, 2023 – Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) started the fiscal year 2022 without a lockdown, but consumer sentiment was far from normal at the beginning of the year. The onset of the war in Ukraine in February and resulting price increases, especially in the energy sector, uncertainties on the stock markets, rising key interest rates, and a rising inflation rate harmed consumer sentiment and thus initially on the sales at LUDWIG BECK.
  • LUDWIG BECK - Normalisation of sales and earnings development during the third quarter of the fiscal year 2022
    Munich, October 20, 2022 - Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) saw sales and earnings normalise in the third quarter despite a subdued start to the fiscal year 2022.
  • LUDWIG BECK with positive development despite difficult general conditions
    Munich, 21 July 2022 - The stationary fashion trade was struggling with the effects of the COVID-19 pandemic in the first months of the year. Due to the start of the war in Ukraine, the easing of the Coronavirus measures did little to help the stationary fashion trade recover during the first months of 2022. A study by the GfK Consumer Panel Fashion shows that spending on fashion has slowed significantly due to the tense economic and political situation. In addition, the fashion industry is struggling with supply bottlenecks and material shortages, especially in the procurement of primary products and raw materials. It is assumed that these general conditions in the industry will continue for a long time.
  • Notice for the Annual General Meeting 2022
    Munich, May 31, 2022 - LUDWIG BECK AG (ISIN DE0005199905) held its Annual General Meeting on May 31, 2022, but 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 provided online portal. Almost 3.2 million votes, or 85,7% of the share capital, were represented. All items on the agenda received very high levels of approval.
  • LUDWIG BECK – Sales in the first quarter are well above the previous year but not yet at the pre-pandemic level
    Munich, April 21, 2022 – The Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) ended the first quarter of 2022 with a significant plus compared to the same period of the previous year. The reason for this is the restricted business activities at the beginning of 2021 as a result of the officially ordered lockdown until March 7, 2021, and the subsequent "Click & Meet" due to the COVID-19 pandemic.

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