David Beckham leaves Kent & Curwen fashion line after company loses 18 million pounds – The Sun

0
254


DAVID Beckham broke ties with a high-end fashion brand, although he was paid a seven-figure sum to be a business partner.

He took an early exit from a five-year contract, with owners of the Kent & Curwen brand reporting a loss of £ 18 million.

    David Beckham, pictured wearing Kent & Curwen clothes, cut ties with fashion brand5
David Beckham, pictured wearing Kent & Curwen clothes, cut ties with fashion brandCredit: Getty – Contributor

This is further embarrassment for the Beckhams after his wife Victoria’s fashion brand claimed tens of thousands of tax dollars from 25 employees despite the family having a fortune of £ 335 million.

David, 44, who was recruited to spur business in 2015, leaves just a few months after launching a prominent Kent & Curwen line inspired by television’s Peaky Blinders.

An insider said, “He actually split from the business late last year.

“But the contract negotiations are still ongoing. “

    David quickly canceled a five-year contract, with the brand owners reporting a loss of £ 18 million.5
David quickly canceled a five-year contract, with the brand owners reporting a loss of £ 18 million.Credit: Getty – Contributor
    Victoria Beckham fashion brand got 25 employees despite the family having a fortune of £ 335 million

5

Victoria Beckham fashion brand got 25 employees despite the family having a fortune of £ 335 millionCredits: Getty Images – Getty

The loss of £ 18 million over three years forced the owner of the TBUK brand to cut staff by nearly a third last October to cut labor costs by £ 1.8 million.

The brand’s meeting with rockers The Stone Roses was described by fans as exceptional with 75 hats, 155 sweatshirts and 450 jackets.

David remains the face of the business and the official website still calls him a business partner.

    David remains the face of the company and the official website still calls him a business partner5
David remains the face of the business and the official website still calls him a business partner
    Kent & Curwen's meeting with rockers The Stone Roses was described as extortion by fans

5

Kent & Curwen’s meeting with rockers The Stone Roses has been called an extortion by fans

David Beckham shares video of neighbors cheering NHS workers during coronavirus lockout





LEAVE A REPLY

Please enter your comment!
Please enter your name here