Business

Victoria Beckham, revenues at 89.1 million pounds (+52%) in 2023. Losses reduced

The surge in numbers of the English designer’s brand in the last financial year is linked to the growth in revenue from the wholesale channel, from e-commerce and to the success of sales in the Mayfair boutique. Adjusted EBITDA rose to £1.8m

Victoria Beckham’s business emerges with the wind in its sails from the 2023 financial year. The surge in sales over the twelve months linked to the significant growth in revenue from the wholesale channel, from e-commerce and from the positive numbers of the London flagship in Mayfair have pushed up the revenues and profits of the English designer’s brand. Annual turnover increased by 52% to 89.1 million pounds (equal to 105.9 million euros at today’s exchange rate) thanks to the success of product categories such as clothes and leather goods. Adjusted EBITDA also rose to 1.8 million (2.14 million euros) from 200 thousand pounds in 2022.

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