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Meghan Markle and Prince Harry Set to Create Their Own Brand
Meghan Markle and Prince Harry are reportedly considering following in the footsteps of the Beckhams by establishing their own brand that people can identify with and purchase.
With recent news of their split from Spotify and rumors swirling about the potential end of their partnership with Netflix, the couple may need to explore new avenues to generate income and maintain their independent lifestyle outside of the royal family.
Speculation had arisen that Meghan was on the verge of signing a lucrative deal with fashion house Dyer.
However, the fashion house has since denied these claims.
Offering his insights on their next move, culture and brand expert Nick Eade told Oak magazine, “I think that Harry and Meghan are going to go down the brand route.
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Meghan has always been enamored with the idea of creating a complete lifestyle environment that people can invest in.”
Eade further suggested that the Duchess could secure deals with several major companies, given her potential to reap financial benefits.
He also noted that Harry might be eager to emulate the success of former footballer David Beckham, who has thrived in partnerships with brands like Adidas and Hague Club.
“I think they would emulate this,” Eade said.
“They will study the business models the Beckhams have employed, whether it’s monetizing their suits, eyewear, or fragrance.
Perhaps they might even release their own scent or become the face of a product.
Eyewear, fragrance, hair care, and makeup are lucrative ventures.
Just look at Victoria Beckham—her fashion brand may not be profitable, but her makeup and beauty range is a global bestseller.
I believe Meghan will be eyeing that opportunity and thinking, ‘I could do that and attract a great demographic of people.'”
The Beckhams were once close with Prince Harry, even attending his wedding to Meghan in Windsor in May 2018.
However, it appears that the couples have grown apart, with rumors circulating that Meghan accused Victoria of indiscretion.
Nonetheless, Eade still believes that the Sussexes could reach the same level of success as the Beckhams by capitalizing on their appearance.
“They are a glamorous couple, much like the Beckhams, and they both have families with children.
That’s a powerful way to establish a brand identity,” he explained.
“Meghan is stunningly beautiful.
She possesses a mixed-race heritage, exquisite skin, gorgeous hair, an enviable physique, and captivating looks.
She checks all the boxes for being a brand ambassador.
If you’re a brand seeking one, she’s the perfect person to have.”
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