The former Spice Girl had launched her eponymous label in 2008, which had a limited success because it had appeared to struggle over the past few years, but it is now expected to be sold for a sizable profit. She had been designing clothes since the early 2000s.
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Victoria Beckham ‘planning to sell’ $100 million fashion brand(Image: Getty)
After years of reported losses, Victoria Beckham is said to be planning to sell her fashion and beauty brands. In her Netflix documentary, the former Spice Girl admitted to struggling with the business at several points, but reports suggest it will have an estimated value of $100 million by the time such a sale takes place.
Last Friday, rumors about Victoria Beckham’s plans to sell started to circulate when it was revealed that the brand’s owner was working with Rothschild &, Co. to conceive a sale started.
The Beckhams’ brand will be up for sale, but one insider claimed that the company is “always thinking about growth and future opportunities.”
READ MORE: Melanie C drops huge hint Victoria Beckham has finally rejoined Spice GirlsREAD MORE: Boots cut David Beckham’s aftershave that ‘smells better than designer’ to £20
Another suggested they wouldn’t comment until any sales were finished, according to the Daily Mail. Rachel Strugatz, a regular contributor to the business newsletter Puck and a beauty journalist, added that she had been informed that a sale was taking place via financial documents.
“I recently learned that Victoria Beckham, including its fashion and beauty businesses, was either in business or planning to go to business, but a person who examined the relevant financial documents confirmed that it is for sale.”
Rachel went on to explain that the company’s net sales would increase to $100 million in the upcoming year. The company is anticipating a $100 million net sales in the upcoming year, with about 70% of those figures coming from its website.
The fashion brand has not always been so profitable. In 2018, it was reported that the company was losing £4,000 a day. The BBC added that Victoria Beckham Limited reported a loss of £12.3 million that year and had “not made a profit since it launched in 2008”.
In her recent Netflix documentary, Victoria admitted that she had to go to her husband David for help with the business. She said: “I almost lost everything. And that was a dark, dark time. I used to cry before I went to work every day, because I just felt like a firefighter.
We were “tens of millions red,” the statement read. Yes, I’m visiting my husband, but I’m also visiting my business partner, so I’d like to talk to him. He was a big fan, and I detested it because I had to. I detested it without a doubt.
We both sat down, and I think part of the conversation broke my heart because Victoria is a proud woman, and we discussed what we had invested. She was significantly wealthier than I was when we first met. She actually purchased Beckenham Palace, our first home in Hertfordshire.
Therefore, she must come to me and say, “We need some more money, the business needs more money.” Because I didn’t have the money to continue doing this, it was difficult for both of us. And I eventually realized, “This cannot continue.”
Victoria’s beauty business has flourished despite her struggling with her fashion side. A potential buyer is likely to find the business’s beauty side to be most attractive.
For comment, Victoria Beckham’s representatives were contacted.
Adam Peaty has finally broken his silence on a family feud that has erupted over recent weeks, and one expert warns that there’s a crucial problem in his statement
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Adam Peaty released the heartfelt statement on Instagram following weeks of speculation
As Olympic swimmer Adam Peaty prepares to marry Holly Ramsay in what promises to be the celebrity wedding of the season, the backdrop is not one of champagne and confetti, but of police investigations, public snubs, and a family feud threatening the occasion.
The chaos began when reports surfaced that Adam’s mother Caroline is no longer invited to his wedding to influencer Holly, the daughter of world-renowned chef Gordon Ramsay. Weeks of turmoil followed, with furious social media posts from Adam’s aunt, his brother getting arrested and bailed, and a heartbreaking plea for reconciliation from Caroline.
Now Adam has finally broken his silence in a lengthy statement on Instagram. In the post, the three-time Olympic champion said that he, Holly, and his sister Bethany could not share full details due to an “ongoing police investigation into serious matters that arose long before recent events.” But he did express his dismay at how things have unfolded, saying: “It has been deeply hurtful and upsetting to read, especially given the false basis upon which we have been targeted. What makes it worse is that it has been encouraged by members of my family.”
READ MORE: Adam Peaty finally breaks silence on family feud with sad admissionREAD MORE: Inside Adam Peaty and Holly Ramsay’s lavish wedding wishlist
He coninued: “For those who know me personally, you know that I work so hard on trying to improve myself as a person who wants to contribute to making the world a better place. I am continuing to learn about myself and how I can be the man I want to be; a worthy partner, father, businessman, friend and athlete; even through these challenging times.
“Bethany, Holly and I will get through this – we do not ask for sympathy. We just need people to be aware that there are always two sides to every story. To those of you who have reached out and shown kindness and understanding – thank you. It is deeply appreciated.” In a show of solidarity, his wife-to-be Holly also shared the post on her social media to her 400,000 followers.
And according to communications expert Judi James, the statement is a clear signal of a man under emotional distress. “Adam is clearly suffering from all this fallout and keen to put his own side across as well as protect his own brand and image,” she says. “But sometimes it’s hard to say nothing when the narrative is so public; saying anything risks feeding interest and prompting more response from the other side.”
The narrative Judi refers to has been dominating headlines for weeks. The saga reportedly began with a “snub” regarding Holly hen do at Soho Farmhouse, which Adam’s mother, Caroline, did not attend. This sparked a social media backlash from Adam’s aunt, Louise, who branded the exclusion “hurtful.”
Since then, the rumour mill has spun out of control. There have been tales of rows over wedding dress colours, with Caroline reportedly being told her cream outfit was inappropriate, and a stark “clash of cultures” narrative pitting Adam’s working-class Staffordshire roots against the glitzy, celebrity-chef world of the Ramsays.
The tension culminated dramatically earlier this month when Adam was met by police at Manchester Airport following his stag do, after reported concerns of ‘threats’ made to the Olympian. While in Budapest with his future father-in-law Gordon, Adam was said to have become alarmed after receiving text messages, with Holly alerting the police. His older brother, James, 34, was arrested at his home in Uttoxeter, Staffordshire, on Monday and has since been bailed.
Judi argues that the very public nature of this feud has made reconciliation almost impossible. “The problem is that, because this rift is played out so publicly, there’s less room to apply the kind of ‘dampening’ techniques it might need,” she says.
Adam’s Instagram statement was an attempt to regain control, Judi explains. He described the public saga as “deeply hurtful,” explicitly denied the “false basis” of the attacks on his character, and listed his roles as a “partner, father, businessman, friend and athlete.”
However, Judi warns that while the emotion is genuine, the execution may have backfired. “Adam’s distress does seem to sing out here,” Judi notes. “He appears to have tried to get three major messages across: The first is his angle on what has happened, then there is a protecting of his own image and life objectives as a person, then finally a thank you to his supporters.”
Yet, Judi cautions that the language used in the first section of his statement – words like “hurtful”, “intrusive”, “targeted”, and “police investigation” might work against him.
“The first section is unlikely to dampen down any negative emotions,” she says. “They might be seen by him as fair, but they are strong words that might also risk keeping any emotional responses and arguments stoked, too.”
Judi highlights a critical flaw in trying to resolve family matters via written statements. “Anything that is written on social media or in the press will suffer from one glaring communication problem which is it can be read in the tone that the reader decides to apply to it,” she says.
“A message intended to sound warm or conciliatory can be viewed as sarcastic. It’s the face-to-face communications that count as they include tone and body language to convey genuine emotions.”
Perhaps the most telling part of Adam’s statement was his list of personal attributes. By sharing his desire to “make the world a better place” and his growth as a man, Judi believes Adam is attempting to elevate himself above the squabble.
“His personal defense is so emphatic that it makes him sound deeply hurt and feeling vulnerable and challenged in terms of public and private perceptions,” says Judi.
Article continues below
“He lists his areas of worthiness… to show how keen he is to ring-fence his character. His mention of wanting to ‘make the world a better place’ appears to self-define him as the adult in the room. Then he thanks people for their kindness to appear to reflect this warmer, worthier side.”
Get Christmas ready
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Adam Peaty has finally broken his silence on a family feud that has erupted over recent weeks, and one expert warns that there’s a crucial problem in his statement
View 7 Images
Adam Peaty released the heartfelt statement on Instagram following weeks of speculation
As Olympic swimmer Adam Peaty prepares to marry Holly Ramsay in what promises to be the celebrity wedding of the season, the backdrop is not one of champagne and confetti, but of police investigations, public snubs, and a family feud threatening the occasion.
The chaos began when reports surfaced that Adam’s mother Caroline is no longer invited to his wedding to influencer Holly, the daughter of world-renowned chef Gordon Ramsay. Weeks of turmoil followed, with furious social media posts from Adam’s aunt, his brother getting arrested and bailed, and a heartbreaking plea for reconciliation from Caroline.
Now Adam has finally broken his silence in a lengthy statement on Instagram. In the post, the three-time Olympic champion said that he, Holly, and his sister Bethany could not share full details due to an “ongoing police investigation into serious matters that arose long before recent events.” But he did express his dismay at how things have unfolded, saying: “It has been deeply hurtful and upsetting to read, especially given the false basis upon which we have been targeted. What makes it worse is that it has been encouraged by members of my family.”
READ MORE: Adam Peaty finally breaks silence on family feud with sad admissionREAD MORE: Inside Adam Peaty and Holly Ramsay’s lavish wedding wishlist
He coninued: “For those who know me personally, you know that I work so hard on trying to improve myself as a person who wants to contribute to making the world a better place. I am continuing to learn about myself and how I can be the man I want to be; a worthy partner, father, businessman, friend and athlete; even through these challenging times.
“Bethany, Holly and I will get through this – we do not ask for sympathy. We just need people to be aware that there are always two sides to every story. To those of you who have reached out and shown kindness and understanding – thank you. It is deeply appreciated.” In a show of solidarity, his wife-to-be Holly also shared the post on her social media to her 400,000 followers.
And according to communications expert Judi James, the statement is a clear signal of a man under emotional distress. “Adam is clearly suffering from all this fallout and keen to put his own side across as well as protect his own brand and image,” she says. “But sometimes it’s hard to say nothing when the narrative is so public; saying anything risks feeding interest and prompting more response from the other side.”
The narrative Judi refers to has been dominating headlines for weeks. The saga reportedly began with a “snub” regarding Holly hen do at Soho Farmhouse, which Adam’s mother, Caroline, did not attend. This sparked a social media backlash from Adam’s aunt, Louise, who branded the exclusion “hurtful.”
Since then, the rumour mill has spun out of control. There have been tales of rows over wedding dress colours, with Caroline reportedly being told her cream outfit was inappropriate, and a stark “clash of cultures” narrative pitting Adam’s working-class Staffordshire roots against the glitzy, celebrity-chef world of the Ramsays.
The tension culminated dramatically earlier this month when Adam was met by police at Manchester Airport following his stag do, after reported concerns of ‘threats’ made to the Olympian. While in Budapest with his future father-in-law Gordon, Adam was said to have become alarmed after receiving text messages, with Holly alerting the police. His older brother, James, 34, was arrested at his home in Uttoxeter, Staffordshire, on Monday and has since been bailed.
Judi argues that the very public nature of this feud has made reconciliation almost impossible. “The problem is that, because this rift is played out so publicly, there’s less room to apply the kind of ‘dampening’ techniques it might need,” she says.
Adam’s Instagram statement was an attempt to regain control, Judi explains. He described the public saga as “deeply hurtful,” explicitly denied the “false basis” of the attacks on his character, and listed his roles as a “partner, father, businessman, friend and athlete.”
However, Judi warns that while the emotion is genuine, the execution may have backfired. “Adam’s distress does seem to sing out here,” Judi notes. “He appears to have tried to get three major messages across: The first is his angle on what has happened, then there is a protecting of his own image and life objectives as a person, then finally a thank you to his supporters.”
Yet, Judi cautions that the language used in the first section of his statement – words like “hurtful”, “intrusive”, “targeted”, and “police investigation” might work against him.
“The first section is unlikely to dampen down any negative emotions,” she says. “They might be seen by him as fair, but they are strong words that might also risk keeping any emotional responses and arguments stoked, too.”
Judi highlights a critical flaw in trying to resolve family matters via written statements. “Anything that is written on social media or in the press will suffer from one glaring communication problem which is it can be read in the tone that the reader decides to apply to it,” she says.
“A message intended to sound warm or conciliatory can be viewed as sarcastic. It’s the face-to-face communications that count as they include tone and body language to convey genuine emotions.”
Perhaps the most telling part of Adam’s statement was his list of personal attributes. By sharing his desire to “make the world a better place” and his growth as a man, Judi believes Adam is attempting to elevate himself above the squabble.
“His personal defense is so emphatic that it makes him sound deeply hurt and feeling vulnerable and challenged in terms of public and private perceptions,” says Judi.
Article continues below
“He lists his areas of worthiness… to show how keen he is to ring-fence his character. His mention of wanting to ‘make the world a better place’ appears to self-define him as the adult in the room. Then he thanks people for their kindness to appear to reflect this warmer, worthier side.”
Get Christmas ready
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When she agreed to take part in Strictly Come Dancing in 2023, veteran broadcaster Angela Rippon was referred to as the “dream signing.”
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Angela Rippon is pictured with pro partner Kai Widdrington during her time on Strictly Come Dancing(Image: BBC)
Angela Rippon — Strictly Come Dancing’s oldest ever contestant — is interested in presenting the BBC flagship show, reports claim.
The veteran broadcaster dazzled viewers with her jaw-dropping high kick when she was a competitor in 2023. She was the eighth celebrity to be eliminated, getting the boot in Blackpool after she and pro partner Kai Widdrington performed American Smooth to Tea For Two by Ella Fitzgerald.
But the former newsreader, who presented the original Come Dancing series between 1988 and 1991, has thrown her hat into the ring to host the much-loved revamp. Claudia Winkleman and Tess Daly are both leaving after the current season, which will reach its finale next month.
Angela, 81, responded, “If they asked me, of course, if I did,” when asked about stepping into either of their shoes. It has a lot of viewers. No job is for life without a job, but Claudia and Tess did a fantastic job.
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The shock move would come more than three decades after the BBC’s then-director-general, Lord (John) Birt, told Angela she’d “had her day” when she was a spring chicken aged 50. The Daily Mail says, though, the journalist — who has more than 60 years of experience in broadcasting — would excite fans of the flagship programme.
Angela said the next host must be “someone who will bring the glamour, and that’s what everyone loves about Strictly,” at the Starry Night Gala this week to support the charity Action for Children at The Peninsula London. She entered it in 2023 at the age of 79, becoming the oldest contestant to do so.
Angela, the daughter of a Royal Marine, has worked in the media for a long time, most recently hosting Holiday Hit Squad with Helen Skelton and Joe Crowley, both of whom she was Top Gear presenter in the 1970s.
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One source claimed that when she was offered to participate in Strictly two years ago, “She is the dream signing.” Many people will remember her from her days as host of the show in its previous incarnation, and the audience will love her.
The broadcaster, who is originally from Plymouth, Devon, has maintained a close relationship with her Strictly partner, Kai, 30, and they recently collaborated on “Let’s Dance”!, a project that aims to inspire people of all ages to experience the joy of dancing.
Chadwick Boseman died of colon cancer in 2020 after a career which spanned nearly 30 years, and saw Chadwick star in the likes of Black Panther, Message from the King and other hits
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Viola Davis paid tribute to Chadwick Boseman at the ceremony(Image: John Salangsang/Shutterstock)
Hollywood actor Chadwick Boseman was last night honoured with a posthumous star on the Hollywood Walk of Fame.
Friends gathered at a ceremony to celebrate the accolade, which comes five years after Chadwick died of colon cancer. Viola Davis, an actress who starred in Ma Rainey’s Black Bottom and Get On Up with Chadwick, described the performer as “a mighty, mighty elixir” at the celebration yesterday.
Chadwick’s wife Simone Ledward-Boseman formally accepting the honour, the 2, 828th star on the iconic Walk of Fame in the heart of Hollywood, Los Angeles. Guests, which also included Michael B. Jordan, became tearful as the star was unveiled.
Speaking on stage moments later, Viola said: “Chadwick was a mighty, mighty elixir that sort of stirred up that alchemy that we’re all in search of, which is meaning, I celebrate him today. I say to him, I hope all the angels in heaven just sang him to a beautiful rest. And I thank him for what he left behind in me, which is a burning amber that always guides me to a higher meaning of my work and my purpose”.
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Hello! Magazine reports that since Chadwick died in August 2020, several posthumous productions have been released — and been warmly received. The film Ma Rainey’s Black Bottom, released less than four months after the tragedy, went on to win a Golden Globe Award in 2021.
And Chadwick became the first black performer to ever be nominated posthumously for an Oscar in that same year, as he was put forward for Best Actor for Ma Rainey’s Black Bottom.
Guest referenced such successes at the event yesterday, praising Chadwick’s personality and acting talent. Ryan Coogler, who directed the 2018 Marvel Studios fiilm Black Panther, said: “He reflected light, he refracted it, and when he did, he showed the greatness of our people, and the universe of our shared humanity, thank you Chad”.
Before Black Panther: Wakanda Forever was released in 2022, Marvel Studios lauded the actor and said plans for the movie changed following the death. Chadwick kept his journey with colon cancer private,and Hollywood world and fans were devastated to learn of the passing.
The playwright’s wife Simone also became emotional as she spoke and said that her late husband “was more than an actor or even an artist”. She said: “He was a spiritual teacher, fortified by a family and close friends that kept him grounded in faith, a team that believed in him, protected him and fought for him”.
Simone, who is a singer, further expressed that “he could give each and every person a specific part of him and still have so much left to share with the world”. She met the actor in 2015 and the couple got engaged in October 2019, marrying in secret amid Chadwick’s private battle with cancer.
Ed Sheeran teams up with Adolescence’s Philip Barantini for this hour-long Netflix special – but those hoping for candid personal revelations will be disappointed
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Ed Sheeran stars in his own Netflix special
A guitar-wielding Ed Sheeran takes fans on a musical journey through both New York and his back-catalogue in Netflix’s One Shot – with the help of Adolescence director Phillip Barantini.
The award-winning director, who is best known for producing singularly-shot projects, follows pop icon Ed across New York as he surprises unsuspecting, over-excited fans ahead of an upcoming gig.
The hour-long special, shot in real-time, sees Ed leave show rehearsals at New York’s Manhattan Centre to “go about the town for a little bit” in the hour before his gig.
The 34-year-old dad doesn’t give his voice a breakout, however, with him breaking out into song at rooftop parties, helping a fan with his proposal, crooning at cab drivers and thrilling subway passengers with his chart-topping singles.
From his 2011 breakout hit The A Team and crowd-pleaser Sing, to newer tracks like Galway Girl and Azizam, Ed dives through his discography with just his guitar, his impressive pipes and occasional help from selfie-seeking New Yorkers.
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He’s even given a lift at one point by regular collaborator Camilla Cabello, who picks him up in a four-by-four and feigns surprise with the unconvincing line: “What are you doing in New York?” They duet Ed’s 2015 tune Photograph with Camilla behind the wheel in a scene reminiscent of Carpool Karaoke (which comes as no surprise considering James Corden producer Ben Winston worked on the film).
While One Shot showcases Barantini’s impressive cinematography skills and Ed’s playful performances, those hoping for insights into the Brit Award winner’s life will be left disappointed.
Rather than a follow-up to his candid 2023 docuseries The Sum of It All, One Shot is essentially a very long music video. Ed briefly chats about his calamitous proposal to now-wife Cherry Seaborn while striding through the city, revealing that he got down on one knee in their kitchen after rain dampened his original plans.
He later invites Camilla round for spag bol, telling her that daughters Lyra, five, and Jupiter, three, “will be so excited” to see her. But otherwise, Ed sticks mainly to serenading and fist-bumping his fans.
For hard-core lovers of Sheeran’s ever-growing collection, One Shot is a must-watch if you fancy a dance down memory lane. Plus, it’s much cheaper than paying today’s tour ticket prices.
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Those not too bothered by the British pop prince may find themselves switching over fairly quickly – although it’s worth tuning in to admire Barantini’s hypnotic, film-making skills. Much like Adolescence, One Shot will leave viewers scratching their heads as to how certain shots they pulled off the one-take wonder.
One Shot with Ed Sheeran is available to stream on Netflix.
