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

North's Name Is Innovative, Fresh: Kanye West

North's Name Is Innovative, Fresh: Kanye West
Singer Kanye West hates it when people call his daughter North's name "weird" because he thinks it is "innovative and fresh".

North's Name Is Innovative, Fresh: Kanye West

Shia LaBeouf goes back to school

Shia LaBeouf goes back to school
Actor Shia LaBeouf has reportedly enrolled in acting classes at a university in California.

Shia LaBeouf goes back to school

Kendall Jenner wore makeup aged 'three or four'

Kendall Jenner wore makeup aged 'three or four'
The 19-year-old model said her elder half sisters Kim, Khloe and Kourtney Kardashian went to "makeup school" so have always influenced her beauty regime, insisting the "natural" look is best.

Kendall Jenner wore makeup aged 'three or four'

Jessica Lange Has Always Wanted To Retire

Jessica Lange Has Always Wanted To Retire
Actress Jessica Lange says she has wanted to retire from acting for 30 years but keeps getting "seduced" by her profession.

Jessica Lange Has Always Wanted To Retire

Kim Kardashian Charges Fans $800 For Makeup Lesson

Reality TV star Kim Kardashian West is charging fans nearly $800 to attend a makeup masterclass with her and her makeup artist Mario Dedivanovic in July.

Kim Kardashian Charges Fans $800 For Makeup Lesson

Kardashians Are Jennifer Aniston's 'Guilty Pleasure'

Actress Jennifer Aniston has confessed that watching reality TV show "Keeping Up With The Kardashians" is her "guilty pleasure".

Kardashians Are Jennifer Aniston's 'Guilty Pleasure'