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 States News News

United States United States Latest News,United States United States 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.

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines