Victoria Beckham set to lose £350K in Harvey Nichols takeover

Victoria Beckham could be about to lose as much as £350,000 from Harvey Nichols after the celeb was named among creditors to the luxury department store who are expected to miss out on most of the £270m they are owed. The fashion designer and TV personality was owed £353,349 by the department store chain when it fell into administration, Companies House filings have revealed. Harvey Nichols has since been bought for £43.3m by retail giants Frasers Group but its administrators have said that its creditors can expect to recoup no more than 15 per cent of what they are owed. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam