Fashionista, Victoria Beckham’s clothing label has just made a financial turn around 17 years after its launch.
Ever since, she tossed her beauty and fashion line in 2008, the former Spice Girl’s brand has been collecting losses surpassing to £66 million.
But lately, Victoria’s business has made a positive shift especially after the launch of new high-end items and partnership with popular retailer, Mango.
While talking to the Harper’s Bazaar, the 50-year-old designer expressed her happiness saying: “It’s a huge accomplishment.”
“The company has been through so much over the last 17 years – ups, downs, restructuring... it’s been quite the journey. So, finally, to be able to say we’re profitable is something I’m so proud of, because it’s not an easy industry, and it’s getting harder and harder”, added Victoria.
The Television personality, while recalling the inception of her luxurious brand, said: “When I think about the past 17 years… I mean, there was a point when this brand was all fires, and every day we were putting them out.”
Victoria Beckham’s business’ revenue soared up to £58.8 million which is a good number as compared to the revenue it generated in 2021, which was, £40.9 million.
King Charles III's emotional Christmas message details revealed
Kerry Washington reflects on making history as the first Black woman to lead 'Scandal'
Ben Schwartz also spoke about the possibility of faceoff between 'Sonic' and 'Mario'
Justin Timberlake's 'Forget Tomorrow World Tour' marks his return to stage after a five year hiatus
Brooklyn Beckham notes this celebrity’s fashion is closer to his dad David Beckham
Princess of Wales and Duchess Sophie’s friendship blossoms