David Beckham sees double-digit profits rise

DRJB Holdings — better known as David Beckham‘s company — has released its 2024 results and has seen what it said was “a record year of growth”. It added that the group’s growth momentum has continued into 2025.

Last year it saw profits rising in double-digits as well as the signing of new “strategic multi-sector partnership adventures” in new fields globally.

The umbrella company for David Beckham’s business activities saw consolidated revenue for the year up 1% in dollar terms to $92.3 million (£72.2 million) from $91.2 million (£73.4 million). As you can see, the British pounds conversion for the previous year’s results mean consolidated revenue actually dipped in that currency this time.

Meanwhile consolidated net profit increase 24% in dollars to $44.9 million from $36.2 million and also increased in pounds, rising to £35.1 million from £29.1 million.

These results follow the 2022 investment in David Beckham Ventures Limited by Authentic Brands Group, the giant owner of sports, lifestyle and entertainment intellectual property, forming a partnership to manage the brand globally.

Since the formation of this global management partnership, the David Beckham brand “has grown consistently” and 2024 saw the aforementioned double-digit profit growth “as the brand continued to thrive, securing partnerships with world-leading brands whilst entering into innovative new business ventures”. 

The company said “the global appeal of the brand’s licensed businesses continued to rise” last year with eyewear manufacturer Safilo acquiring the perpetual license to design, produce, and distribute the eyewear collection, “solidifying the brand’s position in the premium eyewear market and ensuring ongoing innovation in collaboration with Beckham”.

It also secured its multi-year deal with Boss, which saw the launch of a new David Beckham collection, and in terms of scope was a first of its kind partnership for Boss menswear. 

The group has moved into the wellness sector too and other strategic partnerships signed in the year were with Bowers & Wilkins, Stella Artois, and Shark Ninja. 

Since the end of the reporting period, further new commercial brand partners have been added to the portfolio, with new contracts entered with brands such as US telecoms giant Verizon, and more to be announced over the coming months in the build-up to the 2026 FIFA World Cup.