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Victoria Beckham prepares to sell stake in her fashion business

Victoria Beckham is mulling the sale of a stake in her eponymous premium womenswear label to French fashion house LVMH, according to industry reports.

Rumours began circulating after the British designer met with Pierre-Yves Roussel, head of the LVMH Fashion Group. However, both parties denied an acquisition “at the time being”, according to Fashion United.

Sales at Victoria Beckham almost doubled from £15.76m in 2012 to £30.39m in 2013. The brand has one store at 36 Dover Street in London.

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