Auditors flagged a substantial debt in Victoria Beckham’s fashion business, reporting a figure around 66.3 million pounds. The finding was covered by the Daily Mail.
According to that report, the company posted a loss of £5.88 million in 2021. By the close of 2022, the total debt had climbed to £66.3 million. Executives, including Victoria Beckham and her husband, were described as facing financial distress, with claims that a dividend had not been paid. Auditors noted that the business would be hard pressed to continue operating under such debt levels. (Daily Mail)
Victoria Beckham, now 48, launched the fashion brand in 2008 with a compact dress collection. Her success in fashion helped expand the line into bags, footwear, and beauty products under a single label. The brand received recognition such as UK Brand of the Year in 2011, and in 2017 the founder was awarded the Order of the British Empire for services to the fashion industry. (Public records and industry profiles)
Earlier reporting also touched on efforts toward reconciliation involving Nicola Peltz and Victoria Beckham, suggesting ongoing discussions in the public sphere. (Media coverage)