Close X
Tuesday, November 19, 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

Rihanna Releases Shocking New Music Video

Singer Rihanna has released a shocking music video of one of her latest songs, “B***h better have my money”, where she is seen naked and dripping with blood.

Rihanna Releases Shocking New Music Video

Ben Affleck 'Devastated' over split from Jennifer Garner

Actor Ben Affleck is reportedly "devastated" following his split from Jennifer Garner and battled to try to save their 10 year marriage.

Ben Affleck 'Devastated' over split from Jennifer Garner

Arnold Schwarzenegger Doesn't Regret Past

Asked if he'd do anything differently if he could go back in time, mirror.co.uk quoted him as saying: "I don't know if I would change anything. I'd leave it alone, even with the mistakes I made.”

Arnold Schwarzenegger Doesn't Regret Past

Channing Tatum Felt 'Helpless' After Daughter's Birth

Channing Tatum Felt 'Helpless' After Daughter's Birth
The 35-year-old, whose wife Jenna Dewan-Tatum gave birth to their daughter in London in May 2013, says he initially questioned whether having a baby was "a bad idea"

Channing Tatum Felt 'Helpless' After Daughter's Birth

Sofia Vergara's Fiancee Can't Wait To Have Children

Sofia Vergara's Fiancee Can't Wait To Have Children
The 38-year-old, who got engaged to Vergana in December after six months of dating, thinks their relationship will last because he and the 42-year-old share the same "core values"

Sofia Vergara's Fiancee Can't Wait To Have Children

I'm A Feminist: Kim Kardashian

I've never really been one on labels, and I don't like to push my view. If I feel something, it's how I feel. I never say, 'I feel this way, so you should feel that way

I'm A Feminist: Kim Kardashian