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Victoria Beckham's fashion line 'selling for up to 70% off after brand worked up over £53m debt'

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Victoria Beckham's clothing range is now being sold for up 70 per cent off online, following a series of heavy financial losses for the company.The former Spice Girls star, 48 - who launched the business in 2008 - hasn't had the best of luck when it comes to her fashion empire in recent years.

Last week, a representative confirmed that the business has suffered huge losses, with debts of around £53.9million. Now, it's been revealed that some of Victoria's designer items and accessories are being sold for far less than their original prices.

According to MailOnline, luxury online discount store The Outnet has slashed its prices on a number of her designer pieces. While some of the items have been discounted at 30 per cent off, others have been slashed by 70 per cent.The sale items include various dresses, shoes, jumpers, accessories and handbags.

Meanwhile, a checked cotton-flannel top has been heavily discounted from £650 to £260. OK! has contacted Victoria's representative for comment.

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