Bored Panda works better on our iPhone app
Continue in app Continue in browser

BoredPanda Add post form topAdd Post
Tooltip close

The Bored Panda iOS app is live! Fight boredom with iPhones and iPads here.

Victoria Beckham Demands Her Entire Stock Back Despite Collapsing Fashion Firm Promising To Pay
23

Victoria Beckham Demands Her Entire Stock Back Despite Collapsing Fashion Firm Promising To Pay

ADVERTISEMENT

Victoria Beckham put her foot down and demanded the return of her summer stock from Matches following the collapse of the prominent fashion firm.

The decision taken by the world-renowned British icon and former Spice Girl came after reports came out about Matches failing due to consistent losses.

The Frasers Group, which bought Matches last December, said in a statement that the retailer has “consistently missed” its targets.

“Since Frasers Group acquired Matches, the business has consistently missed its business plan targets and, notwithstanding support from the group, has continued to make material losses,” Frasers told shareholders last month.

It was only in March when the summer stock from Victoria’s VB label was sent to the retailer, just days before she learned about the collapse of the company.

Victoria Beckham wants her entire collection back after the collapse of fashion group Matches

Image credits: Frazer Harrison/Getty Images

There are 68 VB lines currently available on the Matches website for customers to buy, according to the Daily Mail.

Following news about Matches’ collapse, Victoria appeared to be taking matters into her own hands and asked for her pieces from the VB label to be returned due to fears about the firm not paying her.

ADVERTISEMENT

“Matches is continuing to sell designer clothing online, and has promised to pay for it all. But some brands, like VB, have insisted on getting the stock back so they can sell it themselves,” a VB source told the outlet.

“Not everyone is convinced Mike Ashley’s outfit – and the administrators – will pay up,” the source added.

Victoria’s eponymous label was launched in 2008 and has since been selling high-end fashion items with hefty price tags. The products range from T-shirts costing about $112 to coats that cost around $3,308.

The Spice Girl alum is collaborating with Mango for a launch that is expected to take place later this month

Image credits: victoriabeckham

As Victoria seeks to expand her fashion career, fans are awaiting her collaboration with Mango, which is seen as her first step into making her pricey collection of slip dresses, knitwear, and accessories more pocket-friendly.

Although prices will be higher than Mango’s usual offerings, they will still be significantly lower compared to Victoria’s mainline brand.

The launch with Mango is slated to take place on April 23 and was described by the Spanish retailer as “a perfect blend of classic British luxury.”

ADVERTISEMENT

Victoria spoke to WWD about her collaboration with Mango and described the collection as “sensual, considered, and feminine.”

The intention behind working with Mango is to “speak to a wider audience in a way that feels relevant to my brand and retains my aesthetic,” she added.

People shared their two cents after the news of Victoria Beckham demanding her items back from Matches broke out

ADVERTISEMENT
ADVERTISEMENT
Share on Facebook
Binitha Jacob

Binitha Jacob

Writer, BoredPanda staff

Read more »

Working as a writer for Bored Panda offers an added layer of excitement. By afternoon, I'm fully immersed in the whirlwind of celebrity drama, and by evening, I'm navigating through the bustling universe of likes, shares, and clicks. This role not only allows me to delve into the fascinating world of pop culture but also lets me do what I love: weave words together and tell other people's captivating stories to the world

Read less »
Binitha Jacob

Binitha Jacob

Writer, BoredPanda staff

Working as a writer for Bored Panda offers an added layer of excitement. By afternoon, I'm fully immersed in the whirlwind of celebrity drama, and by evening, I'm navigating through the bustling universe of likes, shares, and clicks. This role not only allows me to delve into the fascinating world of pop culture but also lets me do what I love: weave words together and tell other people's captivating stories to the world

Karina Babenok

Karina Babenok

Author, BoredPanda staff

Read more »

As a visual editor in the News team, I look for the most interesting pictures and comments to make each post interesting and informative through images, so that you aren't reading only blocks of text. I joined Bored Panda not that long ago, but in this short amount of time I have covered a wide range of topics: from true crime to Taylor Swift memes (my search history is very questionable because of that).In my freetime, I enjoy spending time at the gym, gaming, binging Great British Bake Off and adding yet another tattoo artist that I would love to get a tattoo from to my pinterest board.

Read less »

Karina Babenok

Karina Babenok

Author, BoredPanda staff

As a visual editor in the News team, I look for the most interesting pictures and comments to make each post interesting and informative through images, so that you aren't reading only blocks of text. I joined Bored Panda not that long ago, but in this short amount of time I have covered a wide range of topics: from true crime to Taylor Swift memes (my search history is very questionable because of that).In my freetime, I enjoy spending time at the gym, gaming, binging Great British Bake Off and adding yet another tattoo artist that I would love to get a tattoo from to my pinterest board.

What do you think ?
Add photo comments
POST
Jemuel Idanan
Community Member
3 weeks ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

She probably does not want her high end brand associated with a failing broke company, which is fair. It has nothing to do with the money itself

Nicholas Valentine
Community Member
1 month ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

She probably does not want her high end brand associated with a failing broke company, which is fair. It has nothing to do with the money itself.

Jemuel Idanan
Community Member
3 weeks ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

She probably does not want her high end brand associated with a failing broke company, which is fair. It has nothing to do with the money itself

Nicholas Valentine
Community Member
1 month ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

She probably does not want her high end brand associated with a failing broke company, which is fair. It has nothing to do with the money itself.

You May Like
Related on Bored Panda
Related on Bored Panda
Trending on Bored Panda
Also on Bored Panda