Losses mount at Victoria Beckham's fashion label

Former Spice Girl’s company to reveal annual operating loss of £10.2m despite 17% sales rise

Victoria Beckham’s fashion label has sunk further into the red despite a 17% rise in sales.

The former Spice Girl’s company, Victoria Beckham Limited (VBL), will file accounts this week that reveal an operating loss of £10.2m in the year to December 2017, widening from £8.2m the previous year. Revenues rose to £42.5m.

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from The Guardian https://ift.tt/2CikLBB
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