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Brand Beckham earns 60,000 pounds per day

By Don-Alvin Adegeest

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Fashion

London - David and Victoria Beckham earned a staggering 60,000 a day in 2014, the latest figures show, earning a total of 22.5 million pounds, or 12.69 million pounds after tax, a rise of 724 percent.

The figures, filed at Companies House, show turnover for Beckham Brand Holdings, which represents Victoria’s fashion interests and the marketing of David’s image, totalled 65.8 million pounds.

Victoria Beckham's fashion brand earned 34.5 million pounds

Victoria Beckham's fashion range and related activities totalled 34.5 million pounds while David brought in 17.2 million pounds through Beckham Brand Holdings and 14.1 million pounds through Footwork.

Footwork Productions, which oversees the exploitation of David's name and image, made profits of 9.8 million pounds after tax.

While turnover at Footwork fell slightly in 2014, at Beckham Brand Holdings it increased 55 percent.

The company paid corporation tax of 3.5 million pounds on its profits.

The accounts state that the company is planning to expand further the size of Victoria Beckham's fashion business and the range of items on sale. The marketing of David Beckham is also going to be increased through partnerships with "major international brands".

A major project for David over the next few years is the creation of a Major League Soccer (MLS) team in Miami, which includes building an arena. As part of his contract with LA Galaxy he was given the right to own an MLS franchise.

In September 2014, Victoria expanded her fashion empire when she opened a flagship shop in London's Dover Street. Her next ready-to-wear collection will be presented during New York Fashion Week in February.

Beckham
Brand Beckham
Victoria Beckham