Thursday 9 February 2017

Victoria Beckham searching for an investor

According to industry sources, Victoria Beckham and her business partner Simon Fuller have been searching for a minority investor since last year with an eye to building out the brand’s retail network internationally.

The top suitor looks to be L Catterton, which is said to be conducting due diligence on Beckham’s London-based company. Spokespeople for L Catterton and Victoria Beckham declined to comment, as did Beckham herself when asked.

Investment sources said a book on the company had been circulating since last year, with Beckham and Fuller meeting a variety of potential candidates.

L Catterton, which was formed in 2016 after LVMH Moët Hennessy Louis Vuitton’s investment arm L Capital joined with the private equity firm Catterton, would have the financial muscle — and the patience — to extend Beckham’s retail network.

L Catterton has $15 billion under management, investments in more than 80 companies, and is looking to plow its funds into areas of the market that are expanding. Beckham has just two standalone

Victoria Beckham

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