Ludwig Beck reports Q1 FY20 sales of €15.4 million

Fashion

Ludwig Beck reports Q1 FY20 sales of €15.4 million

11 May `20

1 min read

The Munich Fashion Group Ludwig Beck, reported 22.6 per cent sales decrease to €15.4 million in first quarter (Q1) FY20 ended on March 31, 2020 compared to sales of €19.9 million in same period prior year. Group reported that due to the closure of the stores from March 18, 2020, Ludwig Beck lost sales in both the textile and non-textile segments.  

The Munich Fashion Group Ludwig Beck, reported 22.6 per cent sales decrease to €15.4 million in first quarter (Q1) FY20 ended on March 31, 2020 compared to sales of €19.9 million in same period prior year. Group reported that due to the closure of the stores from March 18, 2020, Ludwig Beck lost sales in both the textile and non-textile segments.#

The group reported sales of €10.5 million (Q1 FY19: €14.3 million) with the textile segment. In the non-textile segment, which also includes the online beauty shop, sales were €4.9 million (Q1 FY19: €5.6 million).

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