Victoria Beckham is threatening bankruptcy
Victoria Beckham is one of the most successful businesswomen in the world. But even such recognized houses as Victoria Beckham, there are hard times. According to rumors, at the moment the brand is on the verge of bankruptcy. It turns out that in 2018-the year the brand has lost about 15.5 million dollars, and over the last four years overall – $ 52 million. The pandemic has made the situation even more devastating role, forcing owners to look for ways out of the crisis. And Victoria has decided on emergency measures – the British designer and style icon took credit for $ 8 million to survive this difficult period.
Such an agreement would allow the wife of David Beckham to keep control of your brand. But it is a risk: if the loan is not paid in time, the deposited amount is converted into shares Victoria Beckham Ltd. and those will go to the Luxembourg company London Investments Sarl, which owns a 28% stake in the brand. Now together with her husband, Vic, owns 48,4% of the shares and 23.6 per cent belong to the British producer Simon fuller. “Victoria wouldn’t want to give up control in a business that relies on its behalf. However, difficult times call for desperate measures,” – said the financial expert.
By the way, David once rescued his beloved wife in her business. In total, the company of Victoria, he has invested about $ 20 million. By the way, the joint state of the married couple, estimated to be approximately $ 440 million.