POSH Spice earned more from her pop career than fashion last year, latest accounts have revealed.

Victoria Beckham’s music firm Moody Productions netted £3.3million — while her fashion firm made pre-tax losses of £16.6million.

We told last summer how Victoria, 46, made nearly £1million by not singing with the Spice Girls on their 2019 reunion tour.

She was entitled to a fifth of the takings for endorsements, licensing deals and merchandising generated by the gigs.

That was despite ­leaving Mel C, 47, Geri Horner, 48, Emma Bunton, 45, and Mel B, 45, to do them without her.

Her fashion firm, Victoria Beckham Ltd, owned by multiple shareholders, cut 20 staff — a fifth of its workforce — last year in response to Covid-19.

It wanted to furlough 30, but scrapped the idea after an online backlash. The brand has not made a profit since it launched in 2008.

A spokeswoman said: “Like so many businesses, a challenging retail landscape coupled with the unforeseen effects of the coronavirus pandemic, has adversely impacted the Victoria Beckham business.”

Despite £14.5million in dividends from umbrella firm Beckham Brand Holdings, Victoria netted just £641,667 in director’s pay from her fashion firm — five times less than her pop pay.

A source close to Posh said: “Her beauty business is thriving and she is focusing on building that.

"It has been a hit with and they’ve been loving the fact it’s affordable.”

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