Victoria Beckham’s fashion empire loses £4.6m… and even has debts of £6.7m to hubby David’s firm
The label made £36.5m last year but still ended up in the red. VICTORIA Beckham’s fashion empire may have helped to earn her an OBE — but it has also reported a £4.6million loss.
The designer brand boss’s firm owes one of her husband David Beckham’s businesses £6.7million after he continued to lend it money.
Latest accounts reveal her Victoria Beckham label made £36.5million in sales in 2015 — but still ended up in the red.
In March last year The Sun revealed how her firm, set up in 2008, reported a profit after David’s company transferred £5.2million.
His DB Ventures posted a £44million profit yesterday with paperwork referring to “a £3million pledge — along with Beckham Brand Holdings Ltd, to secure the banking arrangements of Victoria Beckham Ltd”.