Close X
Thursday, September 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

Ben Affleck's 'Best Dad Moment'

Ben Affleck's 'Best Dad Moment'
Jennifer Garner says that it was the “best dad moment in history” when her ex-husband and actor Ben Affleck dressed up as Batman for their son's birthday party.

Ben Affleck's 'Best Dad Moment'

Gwyneth Paltrow Feels She Has 'Earned' Her Wrinkles

Actress Gwyneth Paltrow believes that she has "earned" her wrinkles as they are a sign of all the hardships she has gone through in life.

Gwyneth Paltrow Feels She Has 'Earned' Her Wrinkles

Watch: Priyanka Chopra Beats Jimmy Fallon In ‘Hot Chicken Wings’ Contest

Watch: Priyanka Chopra Beats Jimmy Fallon In ‘Hot Chicken Wings’ Contest
Priyanka Chopra, who appeared as a guest on "The Tonight Show Starring Jimmy Fallon", beat the show's host in a chicken wings eating contest.

Watch: Priyanka Chopra Beats Jimmy Fallon In ‘Hot Chicken Wings’ Contest

Priyanka Chopra's 'Quantico' To Have Second Season

Bollywood actress Priyanka Chopra's international TV series “Quantico” has been renewed for a second season.

Priyanka Chopra's 'Quantico' To Have Second Season

Freida Pinto To Play Mowgli's Mother In 'Jungle Book: Origins'

Freida Pinto To Play Mowgli's Mother In 'Jungle Book: Origins'
"I play Mowgli's adoptive mother, so I'm very, very excited about it," Pinto said. 

Freida Pinto To Play Mowgli's Mother In 'Jungle Book: Origins'

On Unseasonal Mumbai Rain, B-Town Echoes Leonardo Dicaprio’s Climate Change Views

While actor Irrfan Khan agreed that “climate change is real”, actress Jacqueline Fernandez referred to “The Revenant” actor's speech when rain came as a surprise in Mumbai, leading to a dip in temperature.

On Unseasonal Mumbai Rain, B-Town Echoes Leonardo Dicaprio’s Climate Change Views