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Victoria Beckham hit by heavy losses during FY2016

London - Victoria Beckham's namesake fashion label reported a loss increase of 78.4 percent for the financial year to December 31, 2016, after it invested "heavily" in design, production, marketing, and sales. Losses increased from 4.7 million pounds in 2015 to 8.4 million pounds to December 2016, as revenue slipped 1.4 percent to 36.3 million...

Dec 19, 2017

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