Corporate News

  • 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.
  • LUDWIG BECK closes fiscal year 2021 with a profit due to special effects
    Munich, March 31, 2022 – Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905). continued to face the COVID-19 pandemic in the fiscal year 2021 and its drastic effects on the economy and consumer behaviour. With 56 sales lockdown days, the number increased significantly compared to the previous year with just under 40 days. This again had a significant impact on the group's assets and its financial and earnings position.

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