That included tackling what Beckham admitted was “mindblowing” waste, together with “flying chairs from one side of the world to another” and spending what NEO’s David Belhassen stated was “70,000 a year” on workplace crops.
In a press release on Monday, Belhassen, who’s chairman of Victoria Beckham Holdings, stated: “With two complementary growth engines in fashion and beauty, an increasingly international customer base and a focused operating model, the business is powerfully positioned for its next phase of profitable growth.”
CEO Sybille Darricarrère Lunel stated: “Achieving our first operating profit is a landmark moment for Victoria Beckham and reflects several years of disciplined execution and strategic investment.
“Delivering this outcome in opposition to a tougher luxurious market and macro backdrop makes it an much more vital milestone for the enterprise.”
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