Victoria Beckham’s fashion label launches plus-size clothing line amid ‘debts’

Victoria Beckham’s fashion label has launched a plus-size clothing range in a bid to offer a wider variety of clothes to its customers.

Victoria, 48, launched her fashion brand in 2008 and has now “caught up” with the times and has begun offering clothes up to the size of 18.

Speaking about the brand’s newest change, a source close to the former Spice Girl said: “Finally Victoria has caught up. It’s great and she is extremely proud of her new collection.”

“There is a whole new customer out there to buy her products but let’s face it, it has taken her a while but at least she is changing things,” they further told MailOnline.

Discussing her new clothing range, Victoria herself added to the publication: “I think women today want to look healthy, and curvy. They want to have some boobs and a bum. It’s not about being a certain size. It’s about knowing who you are and being happy with who you are.”

The news of her new line comes after it was reported that the mum-of-four’s brand has racked up over £53 million worth of debt.

Addressing the singer’s financial woes, a spokeswoman for the star told The Mirror: "A report said: 'Total revenues for the Victoria Beckham Holdings group fell 6% to £36.1m (2019 – £38.3m) due to the effects of the global pandemic'.

"This group rapidly responded to the effects of the pandemic and controlled its cash and expenditure which led to a significant reduction in its operating losses by 57%, thanks to cost efficiencies across the business and the recalibration of its business model to make it sustainable for the longer term.”

“Victoria Beckham Beauty continues to expand its portfolio with a number of successful product launches in this year with best in class in clean luxury beauty and skincare,” they added.

However, it’s thought that the fashion brand was financially struggling before the pandemic hit, with it having not made a profit since it reported its figures in 2016, MailOnline reports.

The firm will 'require continued shareholder support and financing' to save it, directors admitted last year.

They went on: “This requirement of further funding indicates that a material uncertainty exists that may cast significant doubt on the group's and parent company's ability to continue as a going concern.”

Money troubles seem to be the least of Victoria's worries though, after she's spent the last few months hopping around European hotspots on a giant yacht with her husband David Beckham, and some of their children.


  • Brooklyn Beckham debuts huge new 'married' hand tattoo on date night with Nicola Peltz

  • Brooklyn Beckham kisses Nicola Peltz after winning his 'first award' at Variety event

  • Nicola Peltz breaks down in tears in bed as she reveals her 'heart is hurt'

  • Nicola Peltz-Beckham thanks her dad for 'having my back' amid Victoria feud speculation

  • For all the latest TV and Showbiz news, sign up to our daily newsletter here

Source: Read Full Article