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Thread: David Beckham set to stop funding wife Victoria's troubled fashion business

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    Elite Member dowcat's Avatar
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    Default David Beckham set to stop funding wife Victoria's troubled fashion business

    No more bailouts for Posh! David Beckham set to stop funding wife Victoria's troubled fashion business following staggering £10MILLION losses last year






























    David Beckham will no longer plough money into wife Victoria's troubled fashion business - despite it making staggering losses of just over £10 million last year. Becks, 43, has previously come to Posh's rescue, injecting cash into Victoria Beckham Limited to help her books look more healthy. However, I understand David now wants her to take full responsibility for running the company - and that he won't bail her out again.





    David Beckham will no longer plough money into wife Victoria’s troubled fashion business – despite it making staggering losses of just over £10 million last year.
    Becks, 43, has previously come to Posh’s rescue, injecting cash into Victoria Beckham Limited to help her books look more healthy.
    However, I understand David now wants her to take full responsibility for running the company – and that he won’t bail her out again.
    Sources say David, pictured right with his wife, is happy she has now found investors who have injected £30 million into the label, so at least her next set of accounts might look more impressive.
    One said: ‘David is super-proud of what Victoria has achieved but he will no longer be putting money in. She has investors now.’
    Posh, 44, made her biggest loss to date last year, according to accounts released just before Christmas.
    In 2016, she was £8.4 million in the red and £4.7million the year before that. By contrast, David’s company, DB Ventures, made a whopping profit of £26.5 million before tax in the year to December 2017.




    In 2016, she was £8.4 million in the red and £4.7million the year before that. By contrast, David’s company, DB Ventures, made a whopping profit of £26.5 million before tax in the year to December 2017





    Victoria, who in April made a third of her staff redundant in an attempt to make her business profitable, will be hoping that her post-Christmas sale will be a success. She has slashed prices on 230 items of her high-end clothing – many by 50 per cent



    Victoria, who in April made a third of her staff redundant in an attempt to make her business profitable, will be hoping that her post-Christmas sale will be a success. She has slashed prices on 230 items of her high-end clothing – many by 50 per cent.
    Sale garments include a leopard-print split-sleeve fitted coat, which is down from £2,495 to £1,247, and a drape neck midi dress, now priced at £767.50 from £1,535.
    Meanwhile, David is currently negotiating a buyout of shares in DB Ventures held by Simon Fuller, his former manager and long-term business partner.
    Fuller, who is credited for creating the Posh and Becks ‘brand’ in the 1990s, is understood to want about £60 million in the deal.


    https://www.dailymail.co.uk/tvshowbi...-business.html














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    Elite Member roslyntaberfan's Avatar
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    Those divorce rumours are gonna kick in again in 3,2 ...
    rollo and LaFolie like this.
    Rest in Peace my beautiful little Bonnie

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    With all their talk about "brand Beckham", I'm surprised they aren't better at controlling the narrative. The story should be: Vicky want to refocus her time and energy on family, singing, or whatever, not David is fed up throwing money into the bottomless pit, that is Vicky's fashion business.
    redcat, DawnM74 and ChemicalHelena like this.

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    Elite Member Mivvi21's Avatar
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    Selling garbs like that drapery looking skirt she's wearing certainly isn't going to help her any.
    DawnM74 likes this.

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    Elite Member pinkbunnyslippers's Avatar
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    Time to shut it down, Victoria.
    "Fashion is an art, but individuality is the key"

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    Elite Member Tiny Pixie's Avatar
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    The problem with her clothes is that she's the only one who looks OK in them
    tulip, MsDark, czb and 10 others like this.
    Fluctuat nec mergitur
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    Quote Originally Posted by Tiny Pixie View Post
    The problem with her clothes is that she's the only one who looks OK in them
    Barbora Strycova, tennis player. Not bad, but the dress is a bit overwhelming.

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    Elite Member arie_skop's Avatar
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    Time to find a new job
    DawnM74 likes this.

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    Elite Member rollo's Avatar
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    What will she do now? How's her Target line doing?
    I have some famous friends and I have mostly not famous friends.

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    Elite Member arie_skop's Avatar
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    Tour with the spice Girls?
    BelledeJour likes this.

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    Elite Member rollo's Avatar
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    There was a blind that she asked to be let back in at the last minute. She can't sing and she'd have to learn the 'dance' routines. Supposedly their tour sold out this time so maybe they don't need her.
    I have some famous friends and I have mostly not famous friends.

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    Elite Member teforde23's Avatar
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    I thought she was going on tour with them because she didnt think there would be an interest without her but surprisingly the tour got sold out. I use to like him but he is just as self centered and whiny as she is. So it's better they stay togethert
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    Quote Originally Posted by Tiny Pixie View Post
    The problem with her clothes is that she's the only one who looks OK in them
    She's also the only person in our fashion threads that is ever wearing them!
    DawnM74 likes this.

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    Elite Member MsDark's Avatar
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    Well this explains why she puts up with his cheating, disrespectful ass.

    Why doesn't she make kids clothing? Since she has a bunch of kids. And already knows how to make outfits that would fit a small child.

    Then I suppose we would have to endure her kids as models.
    DawnM74 likes this.
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    Elite Member holly's Avatar
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    Quote Originally Posted by rollo View Post
    What will she do now? How's her Target line doing?
    I didn’t even know she had a line at target so I just look it up. None of anything I saw was anything I would wear.
    DawnM74 likes this.

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