Victoria Beckham’s business bucks luxury spending downturn

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The popstar and designer’s business Victoria Beckham Ltd was buoyed by strong demand for its premium beauty products.

Victoria Beckham’s fashion and beauty brand has shrugged off the wider downturn in the luxury sector as sales shot sharply higher last year.

It recorded an operating loss of £0.2 million for 2023, improving from a £0.9 million loss a year earlier. “We continue to build a loyal consumer following on the back of successful Paris Fashion Week shows and new partnerships, with performance across direct-to-consumer channels and leather goods being particularly positive.”

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