Munich, July 25, 2017 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) concluded the first half of 2017 with a decline in sales, yet was able to maintain its result at last year’s level thanks to a further optimization of its cost structure. The German fashion trade was faced with a 3% decrease in sales in the first half of the year (TextilWirtschaft).

Munich, May 23, 2017 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 23, 2017, attended by almost 450 shareholders, shareholders‘ representatives and guests. Short of 80% of the share capital equaling more than 2.9 million votes were represented. Overwhelming majority votes approved all agenda items.

Munich, April 25, 2017 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) concluded the first quarter of 2017 with a 1.9% sales decline and a result at last year’s level. The fashion trade in general completed the first quarter with an accumulated loss in sales of 2.3% according to TextilWirtschaft. In challenging times for the entire German textile retail the Group deems the previous development as generally satisfactory. LUDWIG BECK has also been able to demonstrate again the Group’s strength regarding cost efficiency.

Munich, March 28, 2017 – In the fiscal year 2016, the Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) had to face some challenges, but was able to master them by the end of the year with a satisfactory result in overall terms. Once again, anticyclical weather patterns proved to have a major impeding impact. However, appropriate seasonal weather for the Christmas business provided a boost in sales. The WORMLAND segment, newly acquired in 2015, concluded its first full fiscal year under the umbrella of the LUDWIG BECK Group and developed in line with expectations during that period. With the launch of the new WORMLAND flagship store in Nuremberg in October 2016 a promising milestone in the history of this long-established company has been set.

Munich, January 9, 2017 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) has concluded the 2016 fiscal year with an increase in sales over the previous year. The Group generated gross sales in the aggregate amount of € 177.1m, thus clearly exceeding the sales targets adjusted to € 174m last October. Seasonally appropriate weather conditions provided the basis for the success achieved in the traditionally strong-selling fourth quarter.

Munich, October 25, 2016 – The Munich fashion Group LUDWIG BECK (ISIN DE 0005199905) recorded a clear sales growth in the first nine months of the fiscal year 2016, yet could not evade the negative conditions impacting on the German fashion trade as a whole. Consequently, the development of sales did not meet expectations.

Munich, July 26, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) recorded a substantial growth in sales in the first half of 2016, attributable to the WORMLAND segment newly acquired in May 2015. The German fashion trade concluded the first six months of the year under report with a cumulative 1% decline in sales.

Munich, May 10, 2016 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 10, 2016, attended by approximately 600 shareholders, shareholders‘ representatives and guests. Almost 80% of the share capital equaling more than 2.9 million votes were represented. All agenda items were approved by overwhelming majority votes.

Munich, April 26, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) has closed the first quarter of 2016 at a satisfactory level overall. At group level, the company was able to register a distinct increase in sales in comparison to the previous year, which was due to the acquisition of the new WORMLAND segment in the second quarter of 2015. LUDWIG BECK succeeded in holding up like-for-like sales in spite of challenging conditions. The German fashion trade concluded the first quarter of the current fiscal year with an accumulated deficit of 2%.