Close X
Thursday, November 14, 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

'Manmarziyan' shooting to begin in February: Ayushmann Khurrana

'Manmarziyan' shooting to begin in February: Ayushmann Khurrana
Actor Ayushmann Khurrana says he has already started growing his beard for his film "Manmarziyan', which will be shot in Punjab from February.

'Manmarziyan' shooting to begin in February: Ayushmann Khurrana

Elton John pays for estranged mother's operation

British singing legend Elton John has splashed out 30,000 pounds for his estranged mother to undergo a hip operation, and it seems a reconciliation is in the works.

Elton John pays for estranged mother's operation

Chris Rock slams Oscars for lack of diversity

Chris Rock slams Oscars for lack of diversity
Chris Rock and Jada Pinkett Smith have slammed 2016 Oscars nominations list as both the actors have noticed that for the second time in a row, there's a lack of diversity in the selections.

Chris Rock slams Oscars for lack of diversity

My Kids Think What I Do Is Easy: Angelina Jolie

Actress-filmmaker Angelina Jolie's children think her job is "ridiculously easy".  

My Kids Think What I Do Is Easy: Angelina Jolie

There's No 'Friends' Reunion: David Schwimmer

There's No 'Friends' Reunion: David Schwimmer
Actor David Schwimmer says the cast of "Friends" gathering together in February to honour legendary comedy director James Burrows will be no reunion of the popular comedy series.

There's No 'Friends' Reunion: David Schwimmer

Cameron Diaz To Release Book On Lifestyle

After releasing "The Body Book" in 2013, actress Cameron Diaz is set to release another lifestyle book.

Cameron Diaz To Release Book On Lifestyle