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Fiscal2021 Tag

1 Jan

Victoria Beckham Brand Sales Climb, and Losses Shrink, in

Victoria Beckham Brand Sales Climb, and Losses Shrink, in
LONDON – Revenues are climbing, and losses are shrinking, at Victoria Beckham Holding Limited, in response to 2021 filings set to be published on Firms House, the official register of U.K. businesses. Within the 12 months ended Dec. 31, 2021, Victoria Beckham Holding Limited, which is owned by Beckham, her husband David, and the private equity investor NEO, saw revenues jump by 13 percent to 40.9 million kilos. EBITDA losses greater than halved to 2 million kilos compared with the previous 12 months, while operating losses fell to three.9 million kilos from 6.8 million kilos. The corporate attributed the 2021 performance to its decision to consolidate and reposition the style collection, and to “accelerated growth” in the wonder business. The filing didn't break...
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