Neo invests £30m in Victoria Beckham Limited

With the fresh capital, the fashion brand intends to retain its independence while continuing its expansion online, as well as opening more stores. It also plans to launch collaborations and products in new categories of womenswear.

Company
Founded in 2008 and headquartered in London, Victoria Beckham is a women's fashion brand. It has two lines: Victoria Beckham and Victoria. It sells footwear, eyewear and accessories.

The company is part of Beckham Brand Holdings, owned by Victoria Beckham, David Beckham and Simon Fuller's XIX Entertainment. It employs a staff of 180. The design team is based in London and the majority of Victoria Beckham's ready-to-wear line is manufactured in the UK.

The firm opened its flagship store in 2014 in London, with another shop opening in Hong Kong in 2016. The brand retails through 400 stockists and in 50 countries.

The company posted a turnover of £36m in 2016.

People
NEO Investment Partners – David Belhassen (managing partner).
Victoria Beckham Limited – Victoria Beckham (founder).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom
• Venture