Victoria Beckham 's fashion empire has reportedly lost tens of millions over the past few years, with the brands blaming the Covid-19 pandemic.
Victoria's brands are known for their huge price tags with jumpers selling for as much as £500 and jeans that cost £400. A company report has said that people were more careful about their spending during the pandemic and weren't willing to splash out on designer clothes.
This may only get worse for Victoria's fashion empire, as the cost of living squeeze is causing many to cut back on luxury items.
In fact, a recent report from the University of Bristol found that 4.4 million households are now struggling to make ends meet.
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