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%.

Munich, March 22, 2016 – With its takeover of men’s fashion retailer WORMLAND, Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) has set the course for considerable growth in its stationary offering in the fiscal year 2015. The flagship store at Munich’s Marienplatz and the company´s online division remain on a stable course.

Munich, January 8, 2016 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) was able to significantly increase sales at group level to € 158.6m (previous year: € 102.7m) in the past fiscal year. The strong rise was due to the acquisition of WORMLAND back in May 2015. The new segment accounted for € 54.7m in sales on a pro-rata basis.

Munich, October 20, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) generated gross sales in the amount of € 100.9m in the first nine months of the 2015 fiscal year (previous year: € 69.2m). This strong increase is primarily the result of the takeover of WORMLAND. On account of the effects of this acquisition, comparability of the key figures at group level can be applied only to a limited degree in regard to the same period of the previous year.

Munich, July 21, 2015 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) has closed the first half-year of 2015 very satisfactorily. The dominant event in the second quarter was the acquisition of 100% of the shares in WORMLAND, a men’s fashion retailer based in Hanover. This strategically significant step has already been reflected in the financial figures of the Group, whose comparability with those of the same period last year is thus strongly reduced. The integration of WORMLAND is therefore essentially completed. Since not all information required for the conclusive recognition of the business combination in the balance sheet is currently available, a preliminary purchase price allocation has been undertaken.