Despite a year of “double-digit revenue growth,” Victoria Beckham’s high-end fashion and cosmetics company has debts of £66.3 million. As reported by The Mirror, Victoria Beckham Holdings Ltd lost £5,887,036 in 2021, down from £8,581,944 in 2020.
Victoria, 48, established her design line in 2008 with a limited range of garments. The company quickly expanded to include purses, jackets, shoes, and accessories.
As of the most recent financial statements, the company’s overall losses were £66.3 million, and the firm’s directors (Victoria and her husband David Beckham) were not awarded a dividend, despite sales increasing 13% from £36 million to £41 million.
