Business
Victoria Beckham Revenue Climbs in 2023, With Dresses, Leather Goods Among Bestsellers
LONDON – Victoria Beckham Ltd. saw revenue and profits rocket in 2023, with the company reporting “substantial” growth in wholesale, online, and in the Mayfair flagship store.
The privately-owned company issued a results update four months earlier than usual, reporting a 52 percent uptick in total revenue to 89.1 million pounds compared with the previous year.
Last year was the third consecutive period of high double-digit growth, and the brand added that sales momentum has continued into 2024, across all product categories and despite lackluster demand in the luxury market.