Victoria Beckham’s fashion label makes an annual loss of £12 million for more information

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It has been reported that Victoria Beckham’s label has not created one profit since the origination of her company in 2008.

As and the way the globe is evolving, fashion and elegance have become even vital.

Whereas back in the days it regarded utility, nowadays it’s all regarding the necessity and also the major tool of projecting yourself.

With each passing day, the competition is majorly increasing, we’ve new designers stepping in nearly every day.

One among the foremost affluent and eminent names within the fashion world is former spice lady, Victoria Beckham.

However, it’s been according to that her label has another annual loss because the demand of her garments “plateaued”.

It has been reported that Victoria Beckham’s label hasn’t created one profit since the origination of her company in 2008.

This year the loss was reaching to 12.3 million pounds.

Given the weaker wholesale demand, sales have slipped — sixteen Percent to 35 million pounds.

The company’s chairman, Ralph Toledano, said that they aim to achieve profit mark as soon as possible.

Victoria started off her label with a group of dresses back in 2008.

The style label currently sells fashion and accessories in more than four hundred stores around the world.

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