«Breaking News» David Beckham's fashion brand 'racked up nearly £11m of losses'

The company which owns David Beckham's fashion brand has made losses of more than £10million, just weeks after his wife's label sank further into its own financial struggles. 

Trinity Brands UK, which owns Beckham's Kent & Curwen brand, had a deficit of some £10.7million in 2017. 

The firm's owners had hoped the former England captain's 'golden touch' would turn its fortunes around but the company has 'slipped further into the red', experts said. 

The company launched a flagship outlet in Covent Garden but has faced major losses, The Sun reported.  

The company which owns David Beckham's fashion brand has made losses of more than £10million, just weeks after his wife's label sank further into its own financial struggles. The couple are pictured together in London last week 

A finance expert told the newspaper: 'When he was signed up to front Kent & Curwen four years ago, the owners hoped Goldenballs would bring his golden touch to the brand.

'But as Victoria's falling fortunes have shown, the Beckham association isn't the guarantee it used to be.'

The company is working with TV show Peaky Blinders in a collaboration unveiled last week. 

Last month it emerged that Victoria Beckham's fashion label was losing £10.2million a year.

The ex-Spice Girl's luxury clothing, glasses and accessories business recently celebrated its 10th anniversary. 

But losses have increased by £2million in the past 12 months despite revenues growing 17 per cent to £42.5million in 2017.

The fashion label, which has a flagship store in Mayfair, London and sells items such as coats for up to £2,900 each, posted an £8.4million loss in 2016.

The mother-of-four oversees an empire comprising four clothing lines, more than 400 retail outlets in over 50 countries and offices in London and New York. 

David Beckham, pictured right, and Victoria Beckham, pictured left, have both seen their fashion brands face financial losses 

Former England captain Beckham at the Kent and Curwen store in Covent Garden last week 

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https://hienalouca.com/2019/01/14/david-beckhams-fashion-brand-racked-up-nearly-11m-of-losses/
Main photo article The company which owns David Beckham‘s fashion brand has made losses of more than £10million, just weeks after his wife’s label sank further into its own financial struggles. 
Trinity Brands UK, which owns Beckham’s Kent & Curwen brand, had a deficit of some £10.7million in ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





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