Victoria Beckham’s company owes more than $65 million
Victoria Beckham
Victoria Beckham’s clothing brand owes over $65 million. This was known from the financial statements of the company, which was at Mirror’s disposal.
Last year, auditors reported that the star’s company was on the verge of bankruptcy, after which its debts were more than $ 55 million. The figure has increased this year, as confirmed by Victoria’s official representative. At the same time, the celebrity owes 35 million of the total amount to other businesses of the Beckham family.
According to published data, due to the effects of the pandemic, Victoria Beckham Holdings’ total revenue fell by 6% from $46 million to $43 million. The income of the group does not cover the expenses.
Despite this, the newspaper writes that the total income of the Beckham family businesses continues to increase.
Earlier this week, Brooklyn Beckham’s wife, Nicola Peltz, announced plans to wear a dress from her future mother-in-law’s brand to the wedding, but Victoria realized her atelier couldn’t make it.
Source: Spletnik
I am Anne Johnson and I work as an author at the Fashion Vibes. My main area of expertise is beauty related news, but I also have experience in covering other types of stories like entertainment, lifestyle, and health topics. With my years of experience in writing for various publications, I have built strong relationships with many industry insiders. My passion for journalism has enabled me to stay on top of the latest trends and changes in the world of beauty.
