According to experts, Victoria Beckham's fashion business has suffered tremendous losses over the past few years. The negative situation also intensified due to the coronavirus - that is why Victoria had to go to extreme measures. At the beginning of the coronavirus pandemic, Victoria fired a huge percentage of employees, but due to numerous complaints, this decision was canceled. In June 2020, it became known that to save clothing production and reduce losses (the amount of which reached 52 million), Victoria had to take a loan of $ 8 million.
Victoria Beckham's business is on the verge of collapse
By the way, this is not the first time that the fashionable empire of Victoria Beckham hung in the balance - in 2018, the girl lost $ 15.5 million. In such cases, David Beckham comes to the aid of his wife, investing in the business of several tens of millions.
Interestingly, in addition to the boutique network, Victoria Beckham has other earnings - the ex-member of the Spice Girls group receives good dividends from the group’s revenue, therefore, even having refused a joint tour with former colleagues in 2019, Beckham was able to earn about two million dollars.