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Victoria Beckham's clothing line is turning a profit 17 years after its launch


Victoria Beckham's clothing line is turning a profit 17 years after its launch



The former Spice Girl launched her fashion and beauty line in 2008
The former “Spice Girl” launched her fashion and beauty line in 2008

Fashionista, Victoria Beckham's clothing label, has just completed a financial turnaround some 17 years after its launch.

She has since dropped her beauty and fashion line in 2008 Spice Girls The brand has incurred losses of over £66 million.

But recently, Victoria's business has seen positive changes, especially after introducing new high-end items and partnering with the popular retailer mango.

While I'm talking to him Harper's BazaarThe 50-year-old designer expressed her joy and said: “It's a huge achievement.”

“The company has been through so much over the last 17 years – ups, downs, restructuring… it's been a long journey.” Ultimately, I'm very proud to say we're profitable because it's not an easy industry and it “It’s getting harder and harder,” Victoria added.

Recalling the founding of her luxury brand, the TV personality said: “When I think about the last 17 years… I mean, there was a point where this brand was just on fire and we were putting it out every day.”

Victoria Beckham's company's revenue rose to £58.8 million, which is a good figure compared to its 2021 revenue, which was £40.9 million.

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