Victoria Beckham: Millionaire losses from her brand could force her to close

Victoria Beckham decided to abandon his musical career and at spicy girls to follow his dream of being fashion designer, Which she achieved with a lot of effort, however, it seems that her brand is not as profitable as she would expect, as she has reported millions in losses in recent years.

The woman known as the Posh Spice for her elegant way of dressing, she managed to position her clothing brand within the fashion industry, however, sales appear to be unprofitable as the Victoria Beckham brand has for several years been reporting detrimental in terms of revenue.

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For this reason wife of David Beckham recently conducted an audit and the results were not at all encouraging, especially since the losses are millionaire. According to the Daily Mail, Victoria Beckham reported 13,650,000 euros in losses in 2019, plus 14,200,000 euros in 2018.

And while the estimate for the 2020 losses is not yet known, we must consider that last year’s health conditions and mobility constraints affected all industries, so we have no doubt that new figures will be added to the patrimonial detriment already reported by Victoria Beckham.

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Could Victoria Beckham close?

The financial situation of the company is such that the British businesswoman I am obliged to apply for a Temporary Employment Regulation File (ERTO) in May 2020, that is, I applied for an authorization to suspend several employment contracts for a certain period of time.

During this same time Victoria Beckham asked for help from the state to fix her dangerous financial situation, but since her personal fortune is still valued at € 400 million, the British did not look favorably on her. asked for state support so it rained criticism on the 46-year-old woman.

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After that, Victoria Beckham give up government aid, but has not yet managed to get his company afloat, who knows if with the line of cosmetics he launched last year, under the same name, he can make up for some of the losses that are no less .

Between 2018 and 2019 alone it reported losses of 27,850,000 euros, while since the creation of its brand in 2008, Victoria Beckham has reported a total of 53,200,000 euros, which seems a discouraging picture for the original of Harlow, United Kingdom.

Hence what Victoria Beckham has to do is put her finances in order and start making up for the losses, because otherwise she will have to invest her personal fortune or that of her husband in order to cope with the red numbers. , that if you still want to continue with your brand, which you certainly want to do.