Victoria Beckham losses shrink as sales soar 50% at fashion brand

Revamp and expansion into leather and beauty helped ailing label head towards break even

Victoria Beckham’s fashion and beauty business slashed its losses last year as sales soared by 52% to £89m.

The company said sales rose online, at its flagship Mayfair store in central London and via wholesalers, helping cut losses to £200,000 from £900,000 a year before.

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