Victoria Beckham faces a £66 million debt in her luxury fashion and beauty businesses.

Despite a year of "double-digit revenue growth," Victoria Beckham's high-end clothing and beauty company is £66.3 million in debt.

According to The Mirror, the latest accounts for Victoria Beckham Holdings Ltd show it made losses of £5,887,036 in 2021, down from £8,581,944 in 2020.

Victoria, 48, started her own fashion company in 2008 with a modest dress collection. The company quickly expanded to offer a broad selection that now includes purses, coats, shoes, and accessories.

According to the most recent financial statements, the company's overall losses were £66.3 million, and despite a return to growth in sales (13% from £36 million to £41 million), Victoria and her husband David Beckham did not receive a dividend.

According to the site, the premium fashion company gained new clients in Europe and the Middle East and was also diversifying its product line to include leather goods and the VB Body line.

Financial records also revealed that Victoria Beckham Holdings Ltd. had amassed a "strong community of devoted clients" and received 19 accolades for its "luxury, high-performance" products.