Victoria Beckham
Victoria Beckham

Victoria Beckham's clothing sales double to £30 million in one year

The former Spice Girls’ singer has turned into a successful award-winning designer as new figures reveal that she sold £83,000 worth of stock a day

Linda Sharkey
Wednesday 24 December 2014 17:55
Comments

Victoria Beckham’s fashion business doubled to £30.39 million last year as the designer sold £83,000 worth of stock a day, it’s been revealed.

According to The Sun, the singer-turned-designer doubled the previous year’s sales figures of £15.76 million and saw a £1.3million profit, which is likely to increase in 2014.

This, however, comes as no surprise considering her dresses cost more than £2000 each and her handbags around £1000 each.

The 40-year-old designer’s company was crowned Brand of the Year at the British Fashion Awards earlier this month following five years of success.

Victoria Beckham won Brand of the Year at the British Fashion Awards 2015

Victoria Beckham Ltd seems to have gone from strength to strength since it launched in 2008 when it made its debut at New York Fashion Week with only a collection of dresses.

Designer Victoria Beckham acknowledges audience applause

It has now expanded to a fully-rounded business that counts four collections a year, handbags, sunglasses, denim, a sister line titled ‘Victoria, Victoria Beckham’ and is set to launch a shoe collection in spring next year.

The mother-of-four has grown her business with the help of the Beckhams’ long-time business partner and media advisor Simon Fuller, who’s also behind David’s upcoming menswear label.

The designer operates a transactional website, recently opened a store on Dover Street in Mayfair, London and is set to launch a line of nail polishes with Nails Inc in early 2015.

Beckham’s Dover Street shop was previously a hunting and fishing goods store

But besides her successful fashion sales, Posh has also sold 600 unwanted items of clothing on TheOutnet.com in aid of charity this year and was announced as a UNAIDs Goodwill Ambassador.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in