Posh goes back to basics to save fashion empire

No chauffeurs! No plants! No luxuries!

Victoria Beckham

by heatworld |
Updated on

When you’re as rich as Victoria Beckham, you’re used to living the ultimate luxe life and not worrying about how it’s being paid for.

But after it was revealed that her fashion label has lost £42 million since it was launched 11 years ago – including a £12 million loss for the last financial year – Posh has been ordered to tighten her belt and cut back on unnecessary items like her 24/7 driver and decorating her office with expensive plants.

“Things are going from bad to worse for poor Posh,” a source claimed. “The chauffeur has gone, she’s now driving herself or getting Addison Lees, and the designer plants are on the way out as their upkeep is too dear.

"Victoria is gutted but she’s put everything into her fashion empire and won’t give up without a fight.”

And heat’s been told that while Victoria, 45, wants to do everything she can to save her business, she is also thinking of other ways she can branch out and make money.

CHECK OUT: David and Victoria Beckham's relationship timeline

Gallery

Relationship Timeline: Victoria And David Beckham

David and Victoria Beckham1 of 29

1998

The happy couple moments after their wedding announcement.

David and Victoria Beckham2 of 29

1999

David and Victoria share a moment before flying to Ireland to get married.

David and Victoria Beckham3 of 29

2000

See here, the infamous durag David chose to wear to meet Prince Charles.

David and Victoria Beckham4 of 29

2001

The Beckhams always did couple dressing well, right down to the matching chunky cross chains they wore to the NRJ music awards.

David and Victoria Beckham5 of 29

2001

Spotted at the 2001 Silver Clef Awards.

David and Victoria Beckham6 of 29

2002

Another memorable style moment when the Beckhams attended David Furnish's 40th birthday at Jewel bar in London.

David and Victoria Beckham7 of 29

2003

The MTV music awards was a bejeweled highlight for the pair.

David and Victoria Beckham8 of 29

2003

And this is why the 'black blazer and a pair of jeans' look was such a thing...

David and Victoria Beckham9 of 29

2003

Remember when the Beckhams moved to Spain? It was the early development of David's affection for beanies.

David and Victoria Beckham10 of 29

2003

Victoria and David had dinner at the Ivy in London .

David and Victoria Beckham11 of 29

2004

At the 19 Management's 19th birthday party David and Victoria shared a sweet moment on the red carpet.

David and Victoria Beckham12 of 29

2005

The beanie returned in L.A. As did Victoria's fleeting appreciation for bohemian-inspired styling.

David and Victoria Beckham13 of 29

2006

The Beckhams were pictured on a shopping trip in Paris.

David and Victoria Beckham14 of 29

2006

Another memorable style moment for the Beckhams as they arrived in Venice.

David and Victoria Beckham15 of 29

2007

If anyone were to resurrect the nickname 'Posh and Becks', this image of the pair at the Sport Industry awards is probably one of the ones that comes to mind.

David and Victoria Beckham16 of 29

2008

David and Victoria hit the red carpet at the superhero-themed Met Gala.

David and Victoria Beckham17 of 29

2008

A formal look for the New York launch of the couple's his and hers perfume, 'Signature.'

David and Victoria Beckham18 of 29

2009

The couple launched a collaboration with Adidas, one of their first fashion partnerships.

David and Victoria Beckham19 of 29

2010

David, Victoria, Brooklyn, Romeo and Cruz scrubbed up for the BBC's Sports Personality of the Year awards.

David and Victoria Beckham20 of 29

2011

The couple were invited to the royal wedding of Prince William and Kate Middleton.

David and Victoria Beckham21 of 29

2012

Victoria wore a dress from her own collection for the Vanity Fair post-Oscars bash.

David and Victoria Beckham22 of 29

2012

The whole family (minus baby Harper) supported Victoria at the West End launch of the Spice Girls musical, Viva Forever.

David and Victoria Beckham23 of 29
CREDIT: Shutterstock

2013

The Beckhams attended the premiere of The Class of 92 en famille.

David and Victoria Beckham24 of 29

2014

David and Victoria returned to the steps of the Met in 2014, bringing back their matchy-matchy couples aesthetic with these white outfits.

David and Victoria Beckham25 of 29

2015

Attending the British Fashion Awards.

David and Victoria Beckham26 of 29

2016

On a trip to Shanghai.

David and Victoria Beckham27 of 29

2017

A night out in Mayfair.

David and Victoria Beckham28 of 29

2018

Looking chic at the Louis Vuitton show.

David and Victoria Beckham29 of 29

2018

David and Victoria were guests at Prince Harry and Meghan Markle's Windsor wedding.

“Vic just can’t catch a break these days when it comes to her fashion empire, and she can feel the heat from everyone around her who are all wondering what she should do next,” our Beckham insider says.

“Vic knows it’s time for a change and is desperate to sink her teeth into a new project. She wants to launch her own lifestyle brand that trades on her being the perfect housewife – sharing all her tips and advice on how to achieve a serene home life.

"Gwyneth Paltrow has always been one of her role models and she wants to launch something similar to Goop that will showcase what she’s been really good at all the years, keeping the Beckham household in check and building up their family brand.”

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Victoria – who has four children, Brooklyn, 20, Romeo, 17, Cruz, 14, and eight-year-old Harper, with husband David – feels that cashing in on her picture-perfect family life is the way forward, although David, 44, doesn’t seem to agree.

“Vic has been feeling really insecure about her next step and sees this as an opportunity to show off her skills of how she has raised her children, offering parenting tips, hosting A-list dinner parties with David’s pals, taking on renovation projects, and all the crazy beauty hacks she’s learned over the years,” heat’s insider continues.

“But friends feel she’s just piling on more pressure than ever and she'll be left feeling exhausted and disappointed if her new idea doesn’t take off."

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"David is already starting to worry that it will require him to play a more traditional role of the ‘perfect husband’ alongside her – when what he really wants is even more freedom this year.

"He’s looking forward to spending a lot more time in Miami with his football team, shooting fashion commercials around the world and travelling with his mates.

"He’s not quite sure if Vic’s new business venture will sit well with Brand Beckham at large. Once again, their mutual pals fear they’re going in totally different directions. But if it means putting herself under even more pressure than so be it, she feels as though it’s time for a reinvention – and she wants to bring herself back into a positive light when it comes to her work.”

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