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

Kylie Jenner Takes Fashion Inspiration From Sisters

TV personality Kylie Jenner says she takes fashion inspiration from her elder sisters Kim and Khloe Kardashian.

Kylie Jenner Takes Fashion Inspiration From Sisters

Nicki Minaj In 'Barbershop 3' First Look Video

Nicki Minaj In 'Barbershop 3' First Look Video
Rapper Ice Cube has shared a behind-the-scenes video for his long awaited movie "Barbershop 3". It is recorded in black and white and give fans a look at the cast on set.

Nicki Minaj In 'Barbershop 3' First Look Video

Reese Witherspoon Developing Wall Street Comedy

Hollywood actress Reese Witherspoon and Australian producer Bruna Papandrea's Pacific Standard Banner is developing a film adaptation of Maureen Sherry Klinsky's forthcoming novel "Opening Belle".

Reese Witherspoon Developing Wall Street Comedy

Charlie Sheen Hospitalised After Eating Clams

Hollywood actor Charlie Sheen was admitted in an emergency room here with a "severe case of food poisoning", says his publicist Jeff Ballard.

Charlie Sheen Hospitalised After Eating Clams

I Was Always About Girl Power: Amber Rose

Model-actress Amber Rose believes that social media has made her understand the importance of girl power.

I Was Always About Girl Power: Amber Rose

Amy Winehouse Documentary To Release In India On July 10

Amy Winehouse Documentary To Release In India On July 10
"Amy", the 90-minute British documentary based on late English singer and songwriter Amy Winehouse is scheduled to release in India on July 10.

Amy Winehouse Documentary To Release In India On July 10