Victoria Beckham to take on Gwyneth with wellness brand to rival Goop

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Sun also reports the company made losses of £12.5million in 2018.Despite there being a huge hype around her new collection every year, Victoria’s fashion label has made a loss every year since 2013.Despite the losses, Victoria is in the position to keep control of Victoria Beckham Limited after being backed by a private investor.

What’s more, it’s thought that Victoria’s hubby David bailed her business out in 2019 with a cash injection of £23million.With all these financial troubles behind the scenes, it’s no wonder Victoria is keen to start something new.Interestingly Victoria’s designs are currently on sale online on Goop so it will remain to be seen whether they will suddenly disappear from the e-store.Not that Gwyneth need be too.