Who needs Becks? Posh frocks rake in £15m for Victoria

By Sara Nathan


Her husband is one of the highest paid footballers of all time, raking in almost half a million pounds a week.

But it seems Victoria Beckham may one day catch up with David when it comes to earnings, thanks to her feel for fashion.

The mother-of-four’s clothing range generated sales of more than £15million in the first three months of this year.

Sartorial success: Cheryl Cole in one of Posh's dresses and the designer herself in one of her own creations

And the designer, 37, has turned what was set to be a small dress line into a global success.

Her clothes, which can sell for up to £5,000, have been seen on the backs of stars from Kate Winslet to singer Cheryl Cole.

Last night a source close to the Beckhams said: ‘Victoria never dreamed her clothing range would be successful. She is close to eclipsing David!’

Her fashion business is due to exceed all expectations with its sales figures up by 71 per cent on last season for the first quarter of 2011, the source said.

If they continue at the same level, sales at the business, based in London and Los Angeles, could top £60million this year.

Together, the Beckhams are said to have an estimated £165million.

David is currently on a £128million five-year deal with football club LA Galaxy – which works out at around £26million a year or almost half a million pounds a week.

He has sponsorship deals with a range of high-profile brands, including Adidas and Pepsi, and this year it was reported that his company Footwork Productions paid him nearly £75million from 2002 to 2009.


Striking it rich: David Beckham's footballing career has gone from strength to strength and he currently earns £26 million a year playing for LA Galaxy

His contract expires next month and reports have said he may end his playing career at Paris Saint-Germain, although he has been offered a renewal deal at LA Galaxy.

A source said: There is a lot of money on the table for Paris, so nothing can be dismissed yet.

‘Talks are still on going and while David does not love the prospect of leaving Victoria and the children in Los Angeles, this is a huge, huge deal.’

The couple were seen looking close at the weekend as they cuddled their three-month-old baby daughter Harper, while their boys Brooklyn, 12, Romeo, ten, and Cruz, six, played at a football game.

They have two official companies together, Beckham Ventures, which in figures posted at Companies House last week, made a loss before taxation of £2.5 million compared to a profit of £829,000 in 2009.

This was because of contracts going into Beckham Brand instead and increased investment in Mrs Beckham’s fashion business.

While the second company, Beckham Brand’s profit, before tax was £3.5m compared with a profit of £622,000 in 2009 because of some Beckham Ventures contracts going into Beckham Brand instead.

The source said: ‘The fashion business is currently due to exceed all expectation with its figures up 71 per cent on last season, which equals $24 million dollars in sales, while the turnover increases from £1.3 million to £2.8 million.

She is believed to have made £10 million from her days in the Spice Girls and her autobiography and two other best-selling fashion and style books will have added to her fortune.


source:dailymail