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Victoria Beckham’s Brand Has Amassed £66M In Debt Over 15 Years

Fashion brand of clothing and cosmetics Victoria Beckham suffered a loss of 66.3 million pounds (more than 5.5 billion rubles), reported the portal Mirror.

According to the auditors, the amount of debt has accumulated over the 15 years of existence of Victoria Beckham Holdings Ltd. In addition, the management of the company, including the Beckham spouse, was not paid dividends.

However, as noted by the publication, in recent years, the company has increased sales growth through the launch of new products and leather goods. The business also expanded its customer base in Europe and the Middle East.

The former Spice Girls member launched her own brand in 2008. Nine years later, the singer and designer received the Order of the British Empire for her contribution to the fashion industry.

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Victoria Beckham Holdings Ltd manufactures jeans, knitwear, sunglasses and cosmetics.
Earlier, Anastasia Volochkova called her debt on housing and communal services “conscious”. The ballerina also stated that her apartment was flooded through the fault of the management company.

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