CBS Sunday Morning
The favored English designer often known as Stella Nina McCartney has been struggling for the previous few years. For these unaware, she is the daughter of British singer-songwriter Paul McCartney from The Beatles.
Her luxurious style model didn’t have a fantastic 2021. In fact 2021 was a pandemic yr and lots of manufacturers struggled, however the model has been struggling for a while now.
As reported by the UK registrar Corporations Home, Stella McCartney reported a complete lack of $39.4 million for the 2021 calendar yr. It’s the third consecutive yr that Stella McCartney stories a lack of over $35 million USD since receiving a minority funding from LVMH again in 2019. Ouch.
