Close X
Wednesday, November 20, 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

Irrfan Watches 'jurrassic World' With 'inferno' Co-stars

Irrfan Watches 'jurrassic World' With 'inferno' Co-stars
Internationally acclaimed actor Irrfan Khan, who is currently busy shooting for the upcoming Hollywood film “Inferno” in Budapest, took some time out from his busy schedule to watch his new film “Jurrassic World” along with his co-stars.

Irrfan Watches 'jurrassic World' With 'inferno' Co-stars

Benedict Cumberbatch, Wife Sophie Hunter Welcome Son

Benedict Cumberbatch, Wife Sophie Hunter Welcome Son
“Sherlock” star Benedict Cumberbatch and theatre director Sophie Hunter, who married earlier this year on Valentine's Day, have welcomed their first child together, a boy.

Benedict Cumberbatch, Wife Sophie Hunter Welcome Son

Jimmy Fallon Feels Daughter Will Outsmart Him

Jimmy Fallon Feels Daughter Will Outsmart Him
Popular anchor Jimmy Fallon feels that his 23-month-old daughter Winnie is "going to be too smart" in the future.

Jimmy Fallon Feels Daughter Will Outsmart Him

Beyonce Sued For $7 Million For Plagiarism

Singer Beyonce Knowles has been sued $7 million by a backing singer who claimed the star had plagiarised her music to write hit song “XO”.

Beyonce Sued For $7 Million For Plagiarism

Indians Taking Acting More Seriously: Kunal Nayyar

At 33, he has managed to carve his own niche in the west as Raj Koothrappali in popular TV sitcom "The Big Bang Theory". 

Indians Taking Acting More Seriously: Kunal Nayyar

Sofia Vergara Obsessed With Sweets

Actress Sofia Vergara says she has an "obsession with sweets" and loves to gorge on "desserts and candy".

Sofia Vergara Obsessed With Sweets