The Duchess of Sussex has said she is not signing a “megabucks” deal with Dior to become the face of the famous fashion house.
Meghan and Harry had been linked to the French clothing company over the weekend.
It had been speculated that any deal could be worth up to £15million for the couple.
But last night sources close to the Royals said no contract had been signed.
And Dior itself has reported that it was surprised and confused when the idea of a deal was first floated.
Meghan in head-to-toe Dior at St. Paul’s Cathedral last June
A resurfaced clip from a low-budget crime drama starring the Duchess of Sussex, 41, shows the former actress working her angles in a photoshoot for a perfume ad (pictured)
A source told the Telegraph: ‘The Duchess of Sussex is not in talks to sign a deal with Dior.
“There is no truth to the claims that she will partner with the French fashion house,”
A Dior insider said his team was “baffled as to how the story came to be.”
The denial came after a clip resurfaced from a low-budget crime drama starring the Duchess showed her working her angles in a photoshoot for a perfume advert.
Although a deal to work with them isn’t currently in the works, the couple certainly seem to be big fans of the fashion house.
The Duke of Sussex wore a Christian Dior suit for his father’s coronation
Harry also sported $1,000 Dior ‘Bee’ shirts in recent High Court appearances in London – and also wore Dior to the UN last year.
Harry wears Dior for his father’s coronation of the king, which was later promoted by the fashion house on social media
Meghan wore Dior when she attended the National Service of Thanksgiving at St. Paul’s Cathedral in London to celebrate the Platinum Jubilee last June.
Dressed all in white, she wore a trench coat, skirt and shirt from the Dior Haute Couture Spring-Summer 2022 collection by Maria Grazia Chiuri, a white Dior hat by Stephen Jones, Dior gloves and Dior D-Moi shoes. .
She also wore Dior to the Queen’s funeral, Archie’s christening and other major events and royal tours before the Megxit.
Meghan received a major blow from audio giant Spotify last week after it was announced that they would not be renewing her Archetypes podcast for a second season following a ‘mutual’ decision – a move which could see Meghan and Prince Harry lose $10 million.
Meghan Markle wore a white Dior dress for the christening of her firstborn Archie Harrison
The Duke of Sussex leaves the High Court in a $1,000 Dior shirt earlier this year
But there are suggestions that Meghan could soon seek to bring her wellness and lifestyle blog The Tig, in a bid to compete with Gwyneth Paltrow’s Goop website, which is said to be worth $200 million. pound sterling.
She recently rebranded for the website she launched in 2014 but closed in 2017 after getting engaged to Prince Harry.
Pundits recently claimed that the actress-turned-royal and Prince Harry will not receive full payment for their $20million deal with Spotify for failing to meet the productivity benchmark.
The deal was signed in 2020 but only delivered 13 hours of airtime over two and a half years. It included 12 episodes and a one-time holiday special.
“We knew Spotify’s announcement was coming,” a source told the Mail on Sunday.
Harry wore a navy blue suit and tie over a white shirt, all from Dior by Kim Jones at the UN in July 2022
Meghan Markle arrived at the Royal Air Force 100th Anniversary Celebration wearing a stunning black dress by Dior
Meghan, 40, shook hands with her friend and fellow activist Gloria Steinem as they left the Crosby Hotel after having lunch in July last year. She wore Dior shorts
“It might come as a shock to everyone, but we have been working on rebranding Meghan for weeks.
“Offers are pouring in, including other podcast platforms.”
A Spotify spokesperson said: “Spotify and Archewell Audio have mutually agreed to part ways and are proud of the series we have produced together.”
But Spotify’s head of podcast innovation and monetization, Bill Simmons, called the pair “f***ing grifters” (American for scammers).
Meghan, Duchess of Sussex, in Dior at the Nelson Mandela centenary launch in 2018
Meghan Markle could become one of the highest paid influencers in the world, receiving up to £200,000 per post
And Netflix is also said to be carrying out an “ongoing review” of its £80m deal with the Sussexes.
Either way, the Duke and Duchess will need to find a stream of income to continue funding their extravagant lifestyle.
Public records in the US show they bought their 16-bathroom Montecito mansion in 2020 for $14.65m (£11.4m) and have a $9.5m mortgage (£7.4m) on it. On top of that there are annual property taxes of $141,403 (£113,000).
Their security costs are also estimated to be around £2million a year, in addition to staff costs, such as nannies, housekeepers, gardeners and travel costs – including private jets.