Close X
Sunday, November 17, 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

Kylie Jenner Says She Suffers From Anxiety

Reality TV personality Kylie Jenner has opened up about her struggle with bullies and living her life under constant spotlight, saying she often breaks down and cries.

Kylie Jenner Says She Suffers From Anxiety

Kate Hudson to replace Wilson in 'Kung Fu Panda 3'

Actress Kate Hudson will replace Rebel Wilson to voice one of the new characters in "Kung Fu Panda 3".

Kate Hudson to replace Wilson in 'Kung Fu Panda 3'

Tyga 'Leases' Ferrari For Kylie's Birthday Gift

Rapper Tyga is reportedly too broke to actually buy the $320,000 Ferrari for his girlfriend Kylie Jenner's 18th birthday.

Tyga 'Leases' Ferrari For Kylie's Birthday Gift

I Killed My Dogs And Ate Them: Johnny Depp

I Killed My Dogs And Ate Them: Johnny Depp
Asked if he planned to take his dogs on a gondola ride during his visit to the Italian city, Depp said: "I killed my dogs and ate them under direct orders from some kind of, I don't know, sweaty, big-gutted man from Australia." 

I Killed My Dogs And Ate Them: Johnny Depp

Akshay Wants Me To Be Like 'mrs. Funnybones': Twinkle Khanna

Akshay Wants Me To Be Like 'mrs. Funnybones': Twinkle Khanna
Actor-turned-writer Twinkle Khanna says that her husband Akshay Kumar wants her to be calm and collected like the character in her book "Mrs. Funnybones".

Akshay Wants Me To Be Like 'mrs. Funnybones': Twinkle Khanna

Justin Bieber Breaks Spotify's First Week Record

Singer Justin Bieber's comeback single "What do you mean" has set a new Spotify record for most streams in the first week.

Justin Bieber Breaks Spotify's First Week Record