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.