The Big Loss Of The Name Brand Of Bei Sister-In-Law, Why Did Beckham And His Wife Not Pay Dividends?

Though Victoria Beckham Beckham Vitoria's personal

With further losses, her wealth with her husband, David Beckham, David Beckham, did not shrink.

The Beckham Brand Holdings Ltd. Ltd. (hereinafter referred to as BBHL) manages the Victoria Beckham by a couple of two people who share the equity with the former Spice Girls Spice Girls' broker Simon Fuller.

Its Victoria Beckham Ltd. (hereinafter referred to as VBL) and David Beckham Beckham Ltd.'s brand business.

According to the world clothing and shoe net, BBHL's documents submitted just over the weekend showed that in the past two years, the company paid 29 million 850 thousand pounds of dividends to three shareholders, of which 18 million 750 thousand was paid in the 2017 fiscal year ended December 31, 2017, an increase of nearly 85% compared to 10 million 200 thousand in the 2016 fiscal year.

However, in fiscal year 2017, pre tax profits fell by 20% compared with the previous year's 19 million 850 thousand, and fell to 15 million 700 thousand pounds, mainly because VBL's operating losses expanded from 8 million 200 thousand pounds to 10 million 200 thousand pounds, which also increased the accumulated losses in recent five years to more than 30 million pounds.

On the other hand, Victoria Beckham brand also contributed to the growth of BBHL revenue.

VBL's annual revenue grew 17% to 42 million 500 thousand pounds, and BBHL's revenue increased by 17% to 55 million 700 thousand pounds.

VBL's sales performance has improved significantly over the 2016 fiscal year of zero growth. And regardless of the main line Victoria Beckham, the sub line Victoria Victoria Beckham, or accessories and glasses, all kinds of products have been sold online and offline.

During the year, the brand and the American retailer Target Corp. (NYSE:TGT) Taghit department store launched a great success.

And children's wear limited fashion series, also cooperate with Est e Lauder Cos. Inc. (NYSE:EL) Estee Lauder group to continue make-up series.

VBL contributed 76% of revenue to BBHL, and DB Ventures Ltd., which is responsible for David Beckham David Beckham brand authorization and commercialization development (DBVL), recorded a revenue of 13 million 200 thousand pounds, an annual increase of 19% and a pre tax profit of 26 million 500 thousand pounds.

During the 2017 years, VBL and BBHL lost nearly 7 million pounds of debt. Two months later, they first introduced external investors. At the end of 2017, they sold 28% of Italy's luxury leather brand Valextra Valextra and the British investment company NEO Investment Partners LLP, which were owned by the British design brand Tom Dixon, in exchange for 30 million strategic financing, so they had the resources to appoint two heavyweight industry veterans as company leaders before the establishment of brand 10th anniversary in September 2018.

Ralph Toledano, a former fashion president of Spanish perfume and fashion group Puig Beauty & Fashion Group SL, joined the chairperson of VBL in March this year.

BBHL spent 11 million 700 thousand pounds on human resources last year. By the end of 2017, the company had 179 employees, of whom VBL accounted for 176.

In April of this year, VBL was forced to cut up to 60 jobs on the ground of new investor pressure. British media quoted people familiar with the matter as saying that VBL employees were angry and cool about layoffs, especially Victoria Beckham, Vitoria Beckham, who still received huge dividends in the company's losses, and she did not personally announce layoffs.

When Paolo Riva declared its performance last week, it said that the company would continue to invest in growth markets such as the US and Asia, while shareholders also promised to help companies reduce costs and promote growth and promote VBL VBL to make profits in the medium term.

More interesting reports, please pay attention to the world clothing shoes and hats net.