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Victoria Beckham named ‘entrepreneur of the year’

Management Today Magazine has put Victoria Beckham, formerly known as Posh Spice, atop its list of Britain’s top 100 entrepreneurs in 2014.

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Management Today Magazine has put Victoria Beckham, formerly known as Posh Spice, atop its list of Britain’s top 100 entrepreneurs in 2014.

People

Victoria Beckham named ‘entrepreneur of the year’

Management Today Magazine has put Victoria Beckham, formerly known as Posh Spice, atop its list of Britain’s top 100 entrepreneurs in 2014.

Share this article

Management Today Magazine has put Victoria Beckham, formerly known as Posh Spice, atop its list of Britain’s top 100 entrepreneurs in 2014.

Mrs Beckham, wife of the England football great David, took first place in the run down due to her eponymous fashion business soaring in revenue and staff numbers.

In five years ‘Victoria Beckham’ has increased sales from £1 million to £30 million, while headcount has leapt from three to 100 in the same timeframe.

In a notable step for the brand, it also recently opened a flagship shop in Mayfair, arguably the most exclusive part of London.

According to Philip Beresford, the MT 100 author who also compiles the Sunday Times Rich List, the UK’s 100 bets entrepreneurs employ a total of 158,189, a rise of 61,556 in five years.

The top 100 boast a collective turnover of about £25 billion, well above the 2011 total of just £10 billion, according to the report.

Concluding, Mr Beresford wrote: “The one fact that unites all our MT 100 - whatever region or sector they belong to - is their demonstrable record of success.

“But with the economic recovery still fragile, they will need to draw on all their resilience and experience to keep growing. We can only pray that they succeed.”

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Victoria Beckham named ‘entrepreneur of the year’

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