Business difficulties Despite her high social profile, her fashion brand has not been a business success. In 2018 the label was losing £4,000 a day. In November 2019, the BBC reported that "Victoria Beckham's fashion business has posted another annual loss as demand for the former Spice Girl's high end clothes "plateaued". Victoria Beckham Limited, which has not made a profit since it launched in 2008, reported a loss of £12.3m for 2018. Sales slipped 16% to £35m, amid weaker wholesale demand. Chairman Ralph Toledano said sales of clothing and accessories had levelled off after years of growth. "The performance was in line with expectations, so we were not surprised. Our goal is to reach profitability as soon as possible," he told trade journal Business of Fashion. "Mrs Beckham launched her label in 2008 with a collection of luxury dresses, and now sells fashion and accessories in more than 400 stores around the world." BBC Business News, " ," BBC News, 27 November 2019. In 2022, Beckham's fashion label was £54 million in debt.
Business difficulties Despite her high social profile, her fashion brand has not been a business success. In 2018 the label was losing £4,000 a day. In November 2019, the BBC reported that "Victoria Beckham's fashion business has posted another annual loss as demand for the former Spice Girl's high end clothes "plateaued". Victoria Beckham Limited, which has not made a profit since it launched in 2008, reported a loss of £12.3m for 2018. Sales slipped 16% to £35m, amid weaker wholesale demand. Chairman Ralph Toledano said sales of clothing and accessories had levelled off after years of growth. "The performance was in line with expectations, so we were not surprised. Our goal is to reach profitability as soon as possible," he told trade journal Business of Fashion. "Mrs Beckham launched her label in 2008 with a collection of luxury dresses, and now sells fashion and accessories in more than 400 stores around the world." BBC Business News, " ," BBC News, 27 November 2019 In 2022, Beckham's fashion label was £54 million in debt.