Business

The brand recorded its third consecutive year of double-digit growth. Under the leadership of Marie Leblanc, Victoria Beckham has transformed a business into

A week after the Paris Fashion Week show, Victoria Beckham announced the exit of her general manager, Marie Leblanc, who is returning to France for personal reasons. The brand recorded its third consecutive year of double-digit growth Under the leadership of Marie Leblanc, Victoria Beckham turned a loss-making business into a profitable business. The brand recorded its third consecutive year of double-digit growth, with strategic advances in the fashion and beauty sectors. Sales rose 52 per cent to £89.1m for the year to 31 December 2023, compared to £58.8m in 2022, The Industry Fashion reports. Ebitda jumped 800 per cent to £1.8m, while operating losses narrowed to £200,000. Leblanc had been CEO since September 2019, having joined the brand as product director in May 2018. Previously, she worked as head of merchandising for womenswear at Printemps and held senior roles at Céline as head of product development, as well as at Sonia Rykiel, where she was, among other things, collection director for ready-to-wear. Pending the appointment of his successor, Ralph Toledano, president of Victoria Beckham and former president of the Fédération de la Haute Couture et de la Mode, will fill the role of interim CEO. Article originally published in the French edition, translated for fashionunited.it by Isabella Naef

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