David and Victoria Beckham achieve impressive double-digit revenue growth in 2022, marking a pivotal year for their brands.
In the fiscal year 2022, the brands of Victoria and David Beckham experienced significant growth. Victoria Beckham Holdings Ltd. (VBHL), Victoria’s fashion and beauty firm, recorded revenues of £58.8 million, marking a 44% increase. The NEO-led company achieved a positive adjusted EBITDA of £200,000, signaling a shift from the £2 million loss in 2021. Marie Leblanc, CEO of VBHL, highlighted that 2022 was pivotal, with a continued positive momentum expected in 2023.
David Beckham Ventures Ltd. (DBVL), David’s flagship company, saw robust growth of 30%, reaching profits of £25.5 million. Long-term contracts with partners like Sands and new partnerships, such as the FIFA World Cup 2022, drove this performance. Seven Global LLP, handling rights outside DBVL, generated revenues of £10.1 million.
Studio 99, co-founded by David Beckham, reported revenues of £5.1 million in 2022, with minimal losses due to staff expansion. The “Beckham” series, launched in September 2023, enjoyed notable global success on platforms like Netflix. For 2023, DBVL and Seven Global secured new contracts, including one with Nespresso. Beckham’s investment in Inter Miami FC also stood out as “particularly successful” after the addition of Lionel Messi in July.
