Victoria Beckham’s clothing line owes $34 million, is she in trouble?

TThere is no doubt that one of the most famous celebrity couples in the world was shaped by the former footballer David Beckham and his wife Victoria Beckham.

Where Victoria And the David Beckham They started their relationship, the media was always watching their steps.

Victoria Beckham and David Beckham always attracts the spotlight

He was winning Manchester UnitedAnd she was one of the four sexy girls that swept the music scene at the end of the previous millennium.

After leaving football, David continued his role as an advertising reference for many brands.

Additionally, he has several prolific business ventures.

His latest recognized achievement is the acquisition of Inter Miamia club that plays in the American MLS, to which investments in companies ranging from real estate to esports must be added.

Is business not working for Victoria Beckham?

David And the Victoria Beckham They remain a strong pair, and both have influence on business ventures.

However, it seems that one Business that Victoria has invested in The most is not getting the desired results.

Victoria Beckham’s clothing company has red numbers due to a large amount of money owed.

According to the British tabloid The Mirror, the company created by the high-end clothing singer has debts that rise to 64 million dollars.

The newspaper explains that many Victoria Beckham clothing line And the new business it has done in relation to makeup has incurred losses in 2020 from $7.8 million.

Two years ago, Victoria Beckham He lost $15.6 million.

As for the mirror, 34 million dollars in debt Related to money owed to other companies connected to various businesses of the Beckham family.

Beckham’s financial situation

Spokesman Victoria Beckham’s work Provide inside facts about the company’s financial condition.

Victoria Beckham Holding Group fell 6% This fall, he blamed the effects of the global COVID-19 pandemic.

“This group responded quickly to the impacts of the pandemic and got its money and expenses under control, significantly reducing its operating losses by 57%, thanks to cost efficiencies across the business and recalibrating its business model to make it sustainable in the long term.”

Although there was a significant amount of money owed, the same company source wanted to indicate that the new beauty and makeup business is moving forward.

Victoria Beckham Beauty It continues to expand its portfolio with a series of successful product launches this year with best-in-class cosmetics and skincare.”

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