Close X
Monday, September 16, 2024
ADVT 
Hollywood

David Beckham 'Bailed Out Wife Victoria's Fashion Empire

Darpan News Desk IANS, 13 Mar, 2016 02:13 PM
  • David Beckham 'Bailed Out Wife Victoria's Fashion Empire
Football star David Beckham bailed out wife Victoria's fashion empire with 5.2million pounds after designer brand lost 3.8million pounds in a year.
 
The former Manchester United and Real Madrid footballer, 40, helped the ex-Spice Girl out in what has been described as “discounted operations”, reports dailymail.co.uk.
 
It comes after Victoria, 41, who made a turnover of 34million pounds in 2014, set up her own store in Mayfair, London two years ago.
 
The shop cost her nearly 3million pounds.
 
The Director's Report said: “The contracts held by the company relating to the David Beckham brand were transferred during the year to DB Ventures Ltd, a sister company of David Beckham Brand Holdings Ltd which is focused on exploiting the David Beckham brand.”
 
Chartered accountant and tax lecturer Robert Leach told The Sun: “The accounts suggest it is a transfer of operations between companies owned by Victoria and David. In effect the couple are simply moving the profits between themselves.”
 
At the end of last year, figures revealed that David and Victoria Beckham’s earnings were said so high that their second careers are even more lucrative than their first. 

MORE Hollywood ARTICLES

There Is A Real Imbalance In Hollywood: Lupita Nyong'o

Oscar-winning actress Lupita Nyong'o says there is "real imbalance" in Hollywood when it comes to creation of stories, adding that there is scope to diversify.

There Is A Real Imbalance In Hollywood: Lupita Nyong'o

Madonna Suffers Onstage Meltdown In Melbourne

Pop star Madonna was seen swigging tequila from a fan's hip flask and asked the crowd to "please take care of me" as she took to the stage here for a show.

Madonna Suffers Onstage Meltdown In Melbourne

'Piku', 'Talvar' Have Been Special To Me: Irrfan Khan

'Piku', 'Talvar' Have Been Special To Me: Irrfan Khan
“‘Piku' and ‘Talvar’ have been special to me and I am happy that I have been nominated. I am pleased to be a part of them as they are important for me, the film industry and the audience,” Irrfan said in a statement.

'Piku', 'Talvar' Have Been Special To Me: Irrfan Khan

I Have Room To Improve As An Actress: Naomi Watts

Actress Naomi Watts wants to be a better actress and is inspired to improve by the likes of Meryl Streep and Helen Mirren.

I Have Room To Improve As An Actress: Naomi Watts

Zayn Malik's New Inking

Former One Direction member Zayn Malik has shown off a new hairstyle and three new tattoos, including one dedicated to his upcoming album.

Zayn Malik's New Inking

Justin Bieber Gets Corrected By A 11-Year-Old

The boy particularly takes issue with the line, "If I was your boyfriend, I'd never let you go". 

Justin Bieber Gets Corrected By A 11-Year-Old

PrevNext