Victoria Beckham, 50, wows in lace as she celebrates her fashion brand’s first profit in 15 years

VICTORIA Beckham is basking in the glow of her fashion brand — though it could easily have gone up in smoke.

The former Spice Girl, 50, says she is “so proud” it turned a profit in 2023 after years spent “fighting fires”.

Posh, who founded her ­Victoria Beckham business in 2008, will receive the ­Entrepreneur gong at the Harper’s Bazaar Women of the Year Awards today.

She said: “There was a point when this brand was all fires, and every day we were putting them out.”

The mum of four models a suit and dress from her collection for the new .

Earlier this year her main backer, David Belhassen, gave the first positive forecast for the company, saying it was expecting to turn a profit when accounts are published next month, with revenue up almost 50 per cent to £58million.

Victoria has seen a surge in sales after pulling in a host of big-name stars, including Kim Kardashian and supermodel Gigi Hadid, to wear her clothes.

The business has also expanded into leather goods and fragrances.

It is a welcome turnaround for Victoria, who has repeatedly filed losses.

In January, accounts showed she had made a loss of £5.8million.

And total losses for the business now stand at just over £66million since its launch.

Auditors even questioned the brand’s future in 2021.