While Victoria Beckham's fashion and beauty enterprise is experiencing significant success, Meghan Markle appears to be facing challenges in securing financial opportunities. Victoria Beckham, the renowned fashion designer, recently celebrated the profitability of her fashion and beauty line, marking a turning point for her brand.
In an interview for Vogue France's cover story, the 49-year-old fashion star expressed her excitement about the financial success, stating, "This is just the beginning." Victoria Beckham's fashion house, which had previously faced financial challenges, reported losses of $5,588,736 in 2021, a notable improvement from the $8,581,944 losses in 2020. Despite cumulative losses of $66.3 million over 15 years, the brand is expanding its reach and exploring new product lines.
On the other hand, Meghan Markle's financial prospects have faced setbacks. Reports of negotiations for a multi-million dollar deal with Audible were denied, with Audible stating, "There is no truth to the reports, and Audible is not in negotiations with Meghan Markle." Meghan's return to Instagram has sparked speculation about her financial situation, and there are suggestions that she may consider posting sponsored content to generate income.
Meghan and Prince Harry reportedly face financial challenges following Spotify's struggles, prompting them to explore various avenues to boost their income. Meghan's increased Instagram followers hint at a potential move into the realm of social media influencers. As the future unfolds, Meghan Markle is actively seeking ways to stabilize her financial situation and rejuvenate her career.