Victoria Beckham's company makes its first profit after 18 years
Beckham's fashion and beauty business makes a £7.3m operating profit after years of losses.
Victoria Beckham's fashion and beauty enterprise, Victoria Beckham Holdings Ltd, has finally turned a profit after 18 years of operation. The company, led by the former Spice Girl as its creative director, reported an operating profit of £7.3 million in 2025, following a long history of financial losses.
Lady Beckham, speaking to the Financial Times, expressed her relief and gratitude for finally reaching this milestone. She stated that the company's hard work and strategic decisions had paid off. The business had been transparent about its challenges in the past, but has now recovered and is growing at a steady pace.
The company's fashion side delivered strong double-digit growth in 2025, while the beauty division, launched in 2019, had one of its strongest performances to date. This growth was driven by the popularity of her Foundation Drops skincare line, which had a 25,000-strong waiting list and doubled the size of the skincare part of the company.
The Netflix documentary about her journey to establish the brand and achieve profitability also helped boost sales. The series highlighted her efforts to prove herself as a designer and entrepreneur despite initial skepticism.
The financial troubles of the company were well-documented, with Victoria Beckham and her husband Sir David running out of funds. Sir David reportedly bailed out the business, but the strain was evident. Lady Beckham credited her husband's belief in her as crucial for the company's survival.
In 2017, Victoria Beckham sold 30% of the company to NEO Investment Partners, raising £30 million. This investment helped the business undergo a restructuring, addressing what Lady Beckham admitted were significant operational inefficiencies. These included wasteful practices like flying chairs across the world and spending £70,000 annually on office plants.
The restructuring, led by CEO Sybille Darricarrère Lunel, positioned the business for future growth. With two complementary growth engines in fashion and beauty, an expanding international customer base, and a streamlined operating model, Victoria Beckham Holdings is now well-positioned for its next phase of profitable expansion.
Written by urgent.news from BBC News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
