VICTORIA Beckham has had to axe 20 staff at her fashion company. The designer’s business has been hit by Covid-19 — with sales plummeting after the closure of her flagship London store in March. ⚠️ Read our coronavirus live blog for the latest news & updates Posh, 46, worth £330million with ex-footballer hubby David, will also halve the number of yearly fashion collections.
It is a desperate bid to cut costs and keep her company afloat, with a business insider saying: “Victoria is devastated. “These are really tough times and no one is exempt from the pandemic’s clutches. “This business is her pride and joy. “It has never been about money. “She hasn’t even paid herself for the past three years.