Victoria Beckham worked hard to leave her days as the least-loved member of the Spice Girls behind her and to create, instead, a new career as a high-end fashion designer.
However, it seems she’s had trouble balancing her cheque book – and her profit margins have plunged lower than some of her necklines.
Close sources allege that Victoria, 45, and her husband of 20 years David, 44, are humiliated after the UK press last week revealed her fashion brand is $24.4 million in the red for the 2018 financial year, bringing her total losses to $84.7 million since launching her designs 11 years ago.
David is believed to have bailed his wife out with chunks of cash from his own company almost every year.
“Victoria is devastated that all her dirty laundry has been hung out to dry in front of the world,” tells our insider.
This story is from the December 16 2019 edition of Woman’s Day Magazine NZ.
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This story is from the December 16 2019 edition of Woman’s Day Magazine NZ.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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