The fashion house is also said to be investing more time and money into online shopping as well as going into more bricks and mortar high street stores.
Despite the loss, clothing, accessory and eyewear sales are said to have all been strong and the company appears optimistic.
However, it's not all good news, with reports Beckham was fined $1880 for missing a deadline to file her accounts.
Selling through over 400 stockists in over 50 countries, the label's debts still jumped nearly $18.3 million during 2016 according to recent financial statements.
And according to the Sunday Times, bank loans doubled in that same year, totalling $22 million.
Beckham did, however, manage to generate sales of $310 million over an eight-year period, but the company has still made a loss in four out of the eight years that accounts have been filed.
Directors of the company put the bad number down to future investment in "design, production and marketing" in what they called a "difficult global trading environment".
As for the Spice Girls reunion tour, Beckham was reportedly advised not to take part as it would "cheapen" her luxury fashion brand's image.
