Overview
- David Beckham's business empire, DRJB Holdings, saw revenues more than double to £72.6m in 2022, thanks to lucrative deals with Netflix and the Qatar World Cup.
- Despite the success of David's business, Victoria Beckham's fashion company continues to struggle, remaining loss-making in 2022 with losses before tax at £3.1m.
- Victoria Beckham's company has shown signs of improvement, with a 43% jump in revenues and a positive adjusted earnings figure, but it still requires more shareholder support to restore profits.
- David Beckham Ventures Ltd. (DBVL) posted a 30 percent uptick in profit to 25.5 million pounds, with high double-digit growth and consolidated brand revenues of 72.6 million pounds.
- Victoria Beckham's beauty category has been experiencing “unprecedented demand,” while the debut fragrance collection, revealed in September 2023, has been performing strongly.