London: David Beckham has reportedly bailed out his wife Victoria Beckham's fashion empire after her high-end designer brand lost $6 million (£3.8 million) in just one year. Victoria opened her new $4.8 million (£3 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 (£5.2 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 is 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 (£34 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 (£50.8 million) last year.–COT

The couple has gone from strength to strength since launching their 'second' careers, but are still reliant on David's personal income. Last year his companies made a $20.3 million (£12.7 million) profit, the newspaper reports.