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

Enrique Iglesias Releases Special India Edition Of 'Sex And Love'

Singer Enrique Iglesias has released a special India edition of his latest and best-selling album "Sex and Love", and is thankful for the support it has received in the country.

Enrique Iglesias Releases Special India Edition Of 'Sex And Love'

Taylor Swift Loves Scottish People

The 25-year-old is currently dating Dumfries-born DJ Calvin Harris and during a gig at Glasgow's SSE Hydro arena, the 'Shake It Off' hitmaker revealed the duo have more in common than most people realise.

Taylor Swift Loves Scottish People

Charlie Ebersol 'Upset' After Split With Britney Spears

Charlie Ebersol 'Upset' After Split With Britney Spears
TV producer Charlie Ebersol reportedly felt heartbroken following his breakup from singer Britney Spears. The 32-year-old didn't think that they would end up apart as he thought she was his soulmate.

Charlie Ebersol 'Upset' After Split With Britney Spears

Richa Chadha To Play Journalist

Although it’s just a cameo, Richa’s role is said to be strong and powerful. If sources are to be believed, Richa took inspiration from the popular political journalist Rana Ayyub, who happens to be her friend too.

Richa Chadha To Play Journalist

Rita Ora Gifts House To Parents

Singer Rita Ora has given a house to her parents, Vera and Besnik, because she's "never really in one place".

Rita Ora Gifts House To Parents

Jessica Alba Addicted To Hot Sauce

Actress and entrepreneur Jessica Alba says she is addicted to hot sauce and fears the spicy condiment will give her an ulcer because she uses "gallons" of it every day.

Jessica Alba Addicted To Hot Sauce