Victoria Beckham profits rise to £15m in Q1

Wednesday, 26 October 2011

Victoria Beckham reportedly has seen her label gross £15 million in the first quarter of 2011, an increase of 70 per cent on the same period last year.

Potential earnings for the full year could reach £60 million, meaning Ms Beckham will have founded herself an enviable and high profitable fashion label.

Next year will see her launch a less expensive sister label - Victoria by Victoria Beckham - which bears in mind a younger, more contemporary customer.

Victoria Beckham, the label, launched in 2008 and received positive reviews for a capsule collection of mainly dresses, Since then the range has expanded to include separates and luxury handbags which sell for up to £18,000.

Alongside her two womenswear lines, Beckham also heads up Victoria Beckham Denim, Victoria Beckham Eyewear, has two fragrances and is collaborating with Range Rover on the design of an 4x4.

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