Rumors Claim Victoria Beckham Is Contemplating About Closing Her Fashion Label Because It Never Recovered Since COVID-19 Started
Victoria Beckham is allegedly contemplating about her closing her fashion label because it hasn’t been profitable since the start of the pandemic.
An unnamed source told Heat UK that the fashion label has been surviving with the help of David Beckham. However, Victoria knows that she cannot always rely on her husband to bail her out.
“David doesn’t want to be the bad guy, but the business has been propped up with money from Brand Beckham for years, and it can be a big drain on finances. He wants to see it moving in the right direction – if it’s not making money, then changes need to happen. But it’s such a thorny subject for them because Victoria is so passionate about her business,” the source said.
The source added that a lot of staffers at Beckham’s company have something to offer and suggest how they can make money. But Posh Spice doesn’t want to change too much because it might cheapen her brand.
“David understands she would be humiliated if she had to close down the business and she is mortified that it has such losses – she feels like a failure. She’s 100 percent devoted to the business, and is still determined to try to turn things around,” the source said.
According to the source, David doesn’t want to put too much pressure on his wife to close down his business. But as a businessman himself, he knows that there’s no way to deal with the money-related issues the fashion label is facing.
“He’s really tried not to get involved in the micro details, but it’s looking like there is only really one way of this mess, and he feels that it’s time he stops going along with it,” the source said.
However, one should take the tabloid’s claims with a grain of salt. It’s not true that Victoria’s fashion label is at risk of closing down. And it’s even more untrue that David is trying to convince her to close down her business.
While it is true that the happy couple has been supporting each other through everything that they are doing, there’s no indication that they are asking each other to give up on the things that they love to do.
If anything, Victoria has her husband’s full support to keep her label going.