Monday 15 August 2022 02:01 AM Victoria Beckham's clothes selling for up to 70 per cent off after company ... trends now
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Victoria Beckham's designer buys are now being sold for up 70 per cent off on a luxury online discount store, after it was reported her company has debts of £53.9million.
The 48-year-old fashion designer launched her fashion label in 2008 with a small collection of dresses, but in recent days it's been claimed the brand is well into the red with heavy losses.
Now, it's been revealed that some of Victoria's products are being sold at a heavy discount, with one dress reduced by nearly £1,300.
Reduction: Victoria Beckham's designer buys are now being sold for up 70 per cent off on a luxury online discount store, after it was reported her company has debts of £53.9million.
From its small beginnings, Victoria's brean 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.
Luxury online discount store The Outnet has slashed prices on Victoria's pieces, with the discounts being increased from the usual 30 per cent off to a whopping 70 per cent.
Brand: The 48-year-old fashion designer launched her fashion label in 2008 with a small collection of dresses
One open-backed £1,845 turtleneck midi-dress has been reduced to a steal at £554, while one £650 leopard print blouse is being sold for £228.
MailOnline has contacted representatives for Victoria for comment.
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
