Next stop VB skin care? Neo Investment Partners buys minority stake in Victoria Beckham

Next stop VB skin care? Neo Investment Partners buys minority stake in Victoria Beckham

Victoria Beckham is rumored to be planning to build on the popularity of her Lauder make-up line, according to a report published by WWD.

The ex-Spice Girl’s fashion, accessories and beauty brand, Victoria Beckham Ltd, which is owned by Beckham Brand Holdings, has just received a £30 million boost after Neo Investment Partners purchased a minority stake in the business, taking its valuation to £100 million.

WWD sources suggest that the money will be put towards building Beckham’s retail network and e-commerce platform as well as to pay down debt. Beckham is also said to be considering a move into the skin care and fragrance categories in the near future, after the runaway success of her cosmetics range, Victoria Beckham x Estée Lauder.

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