David Beckham has apparently bailed out his wife Victoria Beckham’s trend empire after her high end designer brand lost $6 million in only one !
Beckham started her new $4.8 million shop in London’s posh Mayfair district in 2014, with the luxury high end store including a VIP place and art by British designer Damien Hirst adorning the walls.
Nevertheless, after a seemingly unsatisfactory few months for the ex-Spice Girl, her husband can be said to have stepped in to help, giving her $8.3 million to push through the difficult time.
Chartered accountant Robert Leach told Britain’s The Sun paper: “The reports indicate it’s a transfer of operations between firms possessed by Victoria and David. In effect the gains between themselves are just transferring !
Reports of a rough financial year are in sharp comparison to 2014, in which Victoria’s trend brand – which contains her couture and ready to wear sets – made a turnover of $54 million.
David Beckham is the maximum paid former sportsman in the world, as a result of his deals with businesses including Adidas, H& other business ventures, along with M and high-end watch company Breitling. Forbes magazine reported he was worth more than $81.2 million last year.
The couple have gone from strength to strength since found their ‘second’ professions, but are reliant on David’s personal income. Last year, his businesses made a $20.3 million gain, the paper reports.
A representative for the couple have yet to comment.