Close X
Friday, November 15, 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

Doing Totally Different Role In Sarbjit: Richa Chadda

Actress Richa Chadda says she will be doing something “different” in upcoming Biopic “Sarbjit”.

Doing Totally Different Role In Sarbjit: Richa Chadda

Caitlyn Jenner To Campaign For Transgender Film

Caitlyn Jenner To Campaign For Transgender Film
Jenner will attend the reception with Taylor, Baker and the film's executive producers, Mark Duplass and Jay Duplass.

Caitlyn Jenner To Campaign For Transgender Film

Justin Bieber Ignoring Disick's Messages After Kourtney Hookup

Justin Bieber Ignoring Disick's Messages After Kourtney Hookup
According to a source, Disick thinks that Bieber is being "rude" and "disrespectful" to him

Justin Bieber Ignoring Disick's Messages After Kourtney Hookup

Irina Shayk 'lazy' To Take Off Make-up

Irina Shayk 'lazy' To Take Off Make-up
Supermodel Irina Shayk mostly wears lipstick when she isn't working because she is "too lazy" to take off her make-up.

Irina Shayk 'lazy' To Take Off Make-up

Ashton Kutcher Pictured Leaving 'Seedy' Thai Massage Parlour

Actor Ashton Kutcher has been pictured leaving what's been described as a 'seedy’ Thai massage parlour.

Ashton Kutcher Pictured Leaving 'Seedy' Thai Massage Parlour

David Beckham Embarrasses Son Brooklyn

English football great David Beckham loves to publicly teases his eldest son Brooklyn and his latest Christmas picture is a corker.

David Beckham Embarrasses Son Brooklyn