Every Tuesday and Friday,
WTR presents a round-up of news, developments and insights from across the trademark sphere. In our latest round-up, we look at the USPTO announcing an acting director after Andrei Iancu’s exit; the EU General Court decision in a dispute over HALLOUMI and BBQLOUMI; CBP seizing $8 million in fake Cartier bracelets; and much more. Coverage this time from Bridget Diakun (BD), Jonathan Walfisz (JW) and Trevor Little (TL).
Market radar:
Frasers Group ups investment in Hugo Boss – Mike Ashley’s Frasers Group has raised its stake in Hugo Boss, reports
Bloomberg. The UK retailer now controls a 15.2% “strategic position” in the Germany luxury fashion company. It is the latest investment that Ashley has made in retailers both in Europe and the United States – the group already having its hand in Mulberry Group, Studio Retail Group and French Connection Group, among others. Frasers Group’s investment in competitors is a strategic move that aims to
BBC News
By Daniel Thomas
image copyrightGetty Images
David and Victoria Beckham have paid themselves £21m from their sports and media business since 2019, according to the their latest accounts.
This is despite continued heavy losses at Ms Beckham s fashion business, where trade has worsened during the pandemic.
Profit at David Beckham Ventures Limited (DBVL), the brand management firm owned by the former footballer and his wife, fell £3.5m to £11.3m in 2019.
This was in part due to money spent on expansion and charitable donations.
However, the celebrity couple still paid themselves a £14.5m dividend at the end of 2019, accounts show, and took a further £7.1m in 2020.
KXLY
January 22, 2021 3:00 AMBy Celebretainment
Posted:
Updated:
TownNews.com Content Exchange
David and Victoria Beckham paid themselves almost £40,000 a day in 2019.
The couple’s total dividends for that year rose by £3.4 million on 2018, and accounts filed at Companies House on Thursday (21.01.21) noted that, as well as paying themselves £14.5 million in 2019, they also collected an additional £7 million in interim dividend payments in 2020.
The boost in income was largely thanks to the performance of the former footballer’s image rights sales, with David Beckham Ventures Limited (DBVL) – which manages his brand and partnerships with various companies including clothing firm Adidas and Haig Club whisky – declaring an annual revenue of £16.2 million, an increase of £600,000.
David and Victoria Beckham pay themselves £21m in dividends over two years kmfm.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kmfm.co.uk Daily Mail and Mail on Sunday newspapers.