Victoria Beckham's fashion business loses over £12million in just one year

  • 📰 OK_Magazine
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Poor Victoria! 💔

She may have opted out of the recent Spice Girls reunion tour to focus on her fashion business, but Victoria Beckham's company has reported a loss of over £12million in a year.

Wholesale revenues of the business grew by double digits in the UK, but "current challenges affecting department store retailers" resulted in a fall in international markets. "Our goal is to reach profitability as soon as possible. I firmly believe that our destiny is in our hands. DB Ventures made just £11.5million in the past year, compared to the £23.2million they made in 2017-18.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines