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.
