ENTERTAINMENTFASHION

What? David Beckham’s fashion brand suffers a tremendous loss worth 10.7 million euros

David Beckham What? David Beckham’s fashion brand suffers a tremendous loss worth 10.7 million euros

David Beckham What? It is a bad spell for the former ace footballer and his wife who have suffered major losses after his company loses nearly 11 million and wife Victoria Beckham loses over 10 million euros.What?

The company has faced major losses and setbacks and had hoped that Beckham’s ‘golden touch’ would turn their fortunes around when they signed with him around four years ago. The parent company also mentioned that getting Beckham on board, “certainly hasn’t been able to stop the company slipping further into the red.” But according to reports, after the news that his wife and designer Victoria Beckham’s brand was also going under a loss, “the Beckham association isn’t the guarantee it used to be,” despite the ex-Spice Girl celebrating the 10th anniversary of her brand. What?

News recently broke that over the last year Victoria Beckham’s losses have increased by 2 million Euros despite the launch of a new flagship store in Mayfair and having more than 400 retail outlets in over 50 countries and having offices both in London and New York!

The couple has incurred a huge loss together and we can’t help but wonder what is in stores for them in the near future.

What are your thoughts on the Beckhams’ loss? Comment below and let us know.

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