Saturday 13 August 2022 11:55 PM Victoria Beckham's high end company 'has debts of £53.9million' trends now

Saturday 13 August 2022 11:55 PM Victoria Beckham's high end company 'has debts of £53.9million' trends now
Saturday 13 August 2022 11:55 PM Victoria Beckham's high end fashion company 'has debts of £53.9million' trends now

Saturday 13 August 2022 11:55 PM Victoria Beckham's high end fashion company 'has debts of £53.9million' trends now

Victoria Beckham's high end fashion company 'has debts of £53.9million' - after auditors previously warned of 'significant doubt' about firm's ability to continue running

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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

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

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