Victoria Beckham 's fashion empire has reportedly lost tens of millions over the past few years, with the brands blaming the Covid-19 pandemic.
Victoria's brands are known for their huge price tags with jumpers selling for as much as £500 and jeans that cost £400. A company report has said that people were more careful about their spending during the pandemic and weren't willing to splash out on designer clothes.
This may only get worse for Victoria's fashion empire, as the cost of living squeeze is causing many to cut back on luxury items.
In fact, a recent report from the University of Bristol found that 4.4 million households are now struggling to make ends meet.
Read more on dailyrecord.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.