Nicola Peltz city Victoria, county Beckham Pop beautiful stars Nicola Peltz city Victoria, county Beckham

Victoria Beckham’s fashion business owes £66million as she reveals seven figure losses

Reading now: 289
thesun.co.uk

VICTORIA Beckham’s fashion empire now owes a staggering £66million after it posted losses of £6m in the last year of trading.

The designer’s fashion firm and make-up empire are propped up by the other global business interests owned by David, 47, and Victoria, 48, and a further £2m was ploughed into her cosmetics line last year.

The holding company posted sales of £41m – up from £36m – for the clobber and beauty outfits. But remarkably, her pop music firm actually did turn a profit of £420,000.

Those earnings are believed to come from the proceeds of Spice Girls merchandise and royalties. Victoria Beckham Holdings Ltd filed annual accounts for the 12 months to the end of December 2021 that make grim reading.

Read more on thesun.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA