Beckham Brand takes a hit
Profits fall for the Beckham's company.
Beckham Brand has taken a hit, with profits falling from £2.1m to £965,000.
The company controls the commercialisation of David and Victoria Beckham, and now Romeo Beckam's brand. The Telegraph reports:
The figures come as the Beckhams’ son Romeo became their first child to join the family business in the media. Romeo Beckham, 10, became the youngest face of Burberry, appearing in his first photo shoot this week.
While it is not clear how much, if anything, the youngster is being paid for his work it was reported that he has been given £100,000 to spend on Burberry’s new range. His siblings Brooklyn, 13, Cruz, six, and Harper, one, have also been given free Burberry items.
Victoria Beckham makes most of her money from her high street fashion interests, whilst David Beckham owns company Footwork Productions: which made him £86m between 2002 and 2010, according to the Telegraph report. According to reports not quite so much was made from the new West End show "Viva Forever!", based on the Spice Girls' music.