Victoria Beckham’s clothing brand in huge debts

The clothing and cosmetics company of the former Spice Girls star is in financial trouble.

Victoria Beckham’s eponymous clothing brand is said to be in serious financial difficulties. The company has unpaid debts of about 54 million pounds, which is a good 63 million in euros.

Former Spice Girls star and footballer David Beckham’s the wife’s company is said to have run into financial difficulties due to the coronavirus pandemic.

According to the Mirror magazine, the company that sells luxury clothes and cosmetics owes the Beckhams’ other companies around 34 million euros.

– The impact of the pandemic was quickly seen in the clothing industry. It led to a decrease in cost efficiency and business losses, the company spokesperson says.

However, the clothing company is said to continue its operations and the spokesperson said that it is focusing on launching new high-quality products.

Beauty ideals

In the spring, Iltalehti reported how Beckham took a firm stance on the idealization of thinness. From her point of view, women today want to be shapely.

– There is a desire among women to be round and have curvy hips.

Known for his style, Beckham revealed that the clothes he designs look better on curvy bodies. According to him, thinness is no longer idealized, as it was in the early 2000s.

– It is old-fashioned to want to be really thin. I think today’s women want to be healthy and in shape.

Victoria Beckham is known for her style. AOP

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