Victoria Beckham Ltd Reports 52% Revenue Surge in 2023
The fashion and beauty brand narrows losses and sees strong growth across all channels despite a challenging luxury market.
- Total revenue for 2023 reached £89.1 million, up from £58.8 million in 2022.
- Losses were reduced to £200,000 from £900,000 the previous year.
- Key growth areas included online sales, the Mayfair store, and wholesale channels.
- Top-selling items included a gathered waist midi dress and leather goods, particularly belts.
- Victoria Beckham Beauty saw significant growth, especially in fragrances and new product categories.