Close X
Saturday, November 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

Good, But Not Easy: Jolie On Working With Husband

Actress Angelina Jolie says it was good working with her star husband Brad Pitt on their latest film By The Sea, but it wasnt easy

Good, But Not Easy: Jolie On Working With Husband

Arjun Believes 'Ki And Ka' Will Work With Audiences

Actor Arjun Kapoor, whose last release "Tevar" didn't turn out to be a money-spinner, feels that his upcoming romantic film "Ki and Ka" will work with the audiences.

Arjun Believes 'Ki And Ka' Will Work With Audiences

Drew Barrymore's Parents Were 'Total Hippies'

Actress Drew Barrymore says her parents were "total hippies" and had "no work ethic" when she was growing up so she had to learn herself how to balance her career and family life.

Drew Barrymore's Parents Were 'Total Hippies'

Sofia Vergara, Joe Manganiello 'Ready' For Marriage

Sofia Vergara, Joe Manganiello 'Ready' For Marriage
Actress Sofia Vergara and actor Joe Manganiello are reportedly "so ready" to get married because they want to avoid any more questions about their upcoming wedding.

Sofia Vergara, Joe Manganiello 'Ready' For Marriage

Tyra Banks Was Rejected By Six Modelling Agencies

Tyra Banks Was Rejected By Six Modelling Agencies
Supermodel Tyra Banks says she was rejected by six agencies at the beginning of her modelling career and found it tough because she was told they "already had a black girl".

Tyra Banks Was Rejected By Six Modelling Agencies

Miley Cyrus's Fans Worried Over Her Skinny Frame

Singer Miley Cyrus has left her fans worried about her health with a photograph in which she looks very skinny.

Miley Cyrus's Fans Worried Over Her Skinny Frame