It’s almost consoling to hear that even Victoria Beckham is having financial setbacks. Her fashion business racked up record losses last year of almost 15 million dollars. In fact, during the past four years, her company suffered 52 million in losses! Last year, a “mystery shareholder” believed to be her husband David, invested almost 20 million dollars in the shaky business. Victoria just got a loan from an investment company of almost eight million dollars to keep the business functioning. She’s HOPING she won’t have to give up controlling interest in her namesake company.
Above, David and Victoria in January at Paris Fashion Week
Photo Credit: BACKGRID-USA
Losing money in her company is a convenient way for them to avoid paying taxes on all of the rest
Are we supposed to feel sorry for her? Oh please.
love that plaid coat. She should sell stuff on QVC like everyone else. Her line is too expensive for normal people. No one buys expensive fashion anymore.