Victoria Beckham is 'devastated' after being forced to axe 20 staff at her fashion company. Sales at the former Spice Girl's business are said to have been hit badly by the coronavirus pandemic, which forced the UK into lockdown for four months.
Victoria's flagship London store was forced to close back in March. The 46-year-old, who has a combined wealth of £330million with husband David, is also planning to halve the number of yearly fashion collections she releases to save cost.
The news is said to have left Victoria 'devastated.' A source told The Sun: "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.