• Beckhams in £38m dividend payout despite profits plunge

    Beckhams in £38m dividend payout despite profits plunge
    Holding company dividends follow more losses at Victoria Beckham’s fashion labelDavid and Victoria Beckham’s business empire has paid out £38m to its owners despite a near 90% fall in profits prompted by difficulties at the former Spice Girl’s fashion label.The former England footballer, the fashion entrepreneur and their business partner Simon Fuller paid themselves dividends of $21.5m (£16.7m) and £10.3m in May this year, on top of £11.1m in 2018, acco
  • Dr Martens: are things going wrong with the UK's beloved brand?

    Dr Martens: are things going wrong with the UK's beloved brand?
    Readers accuse the firm of falling standards after private equity buyout and shift in productionIt was just a small question in our regular Consumer Champions column. Why, a reader asked, had her £170 Dr Martens boots fallen apart after just six months? The response was huge, with readers accusing the bootmaker of sacrificing quality, offshoring production and chasing profits under the ownership of a London-based private equity company a long way from its roots in Northamptonshire.Much of

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