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David Beckham 'bails out wife Victoria's fashion empire'

David Beckham has reportedly bailed out his wife Victoria Beckham's fashion empire after her high-end designer brand lost $6 million in just one year.

Victoria opened her new $4.8 million shop in London's posh Mayfair district in 2014, with the luxurious high-end store including a VIP area and artwork by British designer Damien Hirst adorning the walls.

However, after an apparently disappointing few months for the ex-Spice Girl, her husband David is said to have stepped in to help, giving her $8.3 million to push through the difficult time.

Chartered accountant Robert Leach told Britain's The Sun newspaper: "The accounts suggest it is a transfer of operations between companies owned by Victoria and David. In effect the couple are simply moving the profits between themselves."

Reports of a tough financial year are in sharp contrast to 2014, in which Victoria's fashion brand - which includes her couture and ready-to-wear collections - made a turnover of $54 million .

David is the highest paid former sportsman in the world, due to his deals with companies including Adidas, H&M and luxury watch firm Breitling, as well as other business ventures. Forbes magazine reported that he was worth more than $81.2 million last year (15).

The couple have gone from strength to strength since launching their 'second' careers, but are still reliant on David's personal income. Last year (15), his companies made a $20.3 million profit, the newspaper reports.

A representative for the David and Victoria have yet to comment.

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