Saturday 13 August 2022 11:55 PM Victoria Beckham's high end fashion company 'has debts of £53.9million' trends now
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Victoria Beckham's high end fashion company reportedly has debts of £53.9million.
The 48-year-old fashion designer launched her fashion label in 2008 with a small collection of dresses. It swiftly grew to an extensive range that now includes handbags, coats, shoes and accessories.
But now the brand faces an uncertain future as a spokeswoman for Victoria confirmed the figures for her fashion label with The Mirror.
Fiance: Victoria Beckham's high end fashion company reportedly has debts of £53.9million
A report said: 'Total revenues for the Victoria Beckham Holdings group fell 6% to £36.1m (2019 – £38.3m) due to the effects of the global pandemic.
'This group rapidly responded to the effects of the pandemic and controlled its cash and expenditure which led to a significant reduction in its operating losses by 57%, thanks to cost efficiencies across the business and the recalibration of its business model to make it sustainable for the longer term.
'Victoria Beckham Beauty continues to expand its
