The Yin and Yang of the Beckham Brands
They complement, and compensate for, every single other in quite a few strategies, but David and Victoria Beckham’s fruitful union couldn’t cease their holding enterprise from registering a loss of 1.five million pounds in fiscal 2018. Turnover fell practically 18 % to 45.eight million pounds in the year.
According to Firms Home, the official register of U.K. enterprises, Beckham Brand Holdings Ltd. had posted a profit of 12.three million pounds in 2017. BBH is a holding enterprise for the David Beckham company and brand and for Victoria Beckham’s eponymous style label.
Stripping out non-controlling interests, BBH accomplished a profit of two.1 million pounds in 2018, compared with 11.eight million pounds in 2017. The enterprise paid out a dividend of 11.1 million pounds in 2018, compared with 18.eight million pounds in the preceding year.
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Report: Samantha Conti