Davidand Victoria Beckham have shared an £8m dividend from their enterprise empire – though Posh’s trend vary remains to be making a loss.
The ability couple, who this 12 months celebrated the wedding of their eldest son Brooklyn to American heiress Nicola Peltz, entered 2022 feeling flush after gross sales throughout their ventures surged following lockdowns.
Beckham Model Holdings, which acts because the umbrella firm for Mr Beckham’s investments and branding and Mrs Beckham’s trend and sweetness agency, revealed in accounts filed yesterday that income for 2021 hit £19.1m, up from £11.6m a 12 months earlier.
Energy couple: The Beckhams entered 2022 feeling flush after gross sales throughout their ventures surged following lockdowns
Most got here from 47-year-old Mr Beckham’s DB Ventures – the previous England footballer’s model is licensed to the likes of video video games producer Digital Arts, Adidas, watch firm Tudor, whisky model Haig Membership and automotive producer Maserati.
DB Ventures’ turnover shot up from £11.4m to £34m, whereas income climbed from £12.9m to £24.1m. Mrs Beckham’s arm, which has up to now been propped up by her husband’s success, noticed losses fall from £8.7m to £5.9m as gross sales climbed 13 per cent to £40.9m.
Victoria Beckham Holdings, part-owned by the Beckhams and part-owned by London personal fairness agency Neo Funding Companions, kicked off a turnaround plan in 2021.
It merged two trend strains – which had included the flagship vary and the extra ‘playful’ sister line VVB – beneath one model, and ‘reshuffled’ all of its processes from sourcing and manufacturing to deliveries.
Chief government Marie Leblanc stated: ‘2021 noticed the profitable turnaround of Victoria Beckham Restricted and 2022 is ready to be an e n stronger 12 months. We now have entered a brand new chapter and our vitality is targeted on accelerating progress and taking the model to its full potential.
‘With the profitable launch of leather-based items in 2022 and the continual acceleration of gross sales progress in magnificence, we now have excessive expectations.’
Beckham Model Holdings paid a complete dividend to the Beckhams of £6.3m over the course of 2021 plus one other £1.8m after the 12 months ended.
The corporate additionally owns Mr Beckham’s stake in US ‘soccer’ membership Inter Miami, which he owns together with brothers Jorge and Jose Mas.
As of the top of 2021, in line with the accounts, his stake within the soccer membership was valued at £23m.
