The Duchess of Sussex says 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 this weekend.
It was speculated that any deal could be worth as much as £15 million to the couple.
But last night, sources close to the Royals said no contract had been signed.
And Dior itself said it was surprised and confused when the idea of a deal first came up.
Meghan in head-to-toe Dior at St Paul’s Cathedral last June
An unearthed clip from a low-budget crime drama starring the Duchess of Sussex, 41, shows the former actress fleshing out her angles in a photoshoot for a perfume ad (pictured)
A source told it TelegraphThe Duchess of Sussex is not in talks to sign a deal with Dior.
“There is no truth to the claims that she will collaborate with the French fashion house”
A Dior insider said the team was “not surprised at how the story came about.”
The denial came after a clip from a low-budget crime drama surfaced showing the Duchess working her angles in a photoshoot for a perfume ad.
While a deal to collaborate with them is currently not materialized, the pair certainly appear to be fans of the fashion house.
The Duke of Sussex wore a Christian Dior suit to his father’s coronation
Harry also exercised $1,000 Dior ‘Bee’ shirts during recent appearances at the High Court in London – and also wore Dior to the UN last year.
Harry wears Dior for his father’s coronation of the king, which was then promoted by the fashion house on social media
Meghan wore Dior when she attended the National Service of Thanksgiving at St. Paul’s Cathedral, London, last June to celebrate the platinum anniversary.
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 hat by Dior by Stephen Jones, Dior gloves and Dior D-Moi shoes .
She has also worn Dior to the Queen’s funeral, Archie’s christening and other major events and royal travels before Megxit.
Meghan took a beating from audio giant Spotify last week after announcing they would not renew her podcast Archetypes for a second season following a “mutual” decision — a move that could see Meghan and Prince Harry lose $10 million.
Meghan Markle wore a white Dior dress to the christening of her firstborn Archie Harrison
The Duke of Sussex leaves the Supreme Court in a $1,000 Dior shirt earlier this year
But there are suggestions that Meghan could soon be looking to bring her wellness and lifestyle blog The Tig, in a bid to rival Gwyneth Paltrow’s Goop website, which is reportedly worth £200 million.
She recently renewed her trademark for the website she started in 2014 but closed in 2017 after getting engaged to Prince Harry.
Experts recently claimed that the actress-turned-royal and Prince Harry would not receive the full payout from their $20 million deal with Spotify because they failed to meet the productivity benchmark.
The deal was signed in 2020, but only delivered 13 hours of airtime in two and a half years. It included 12 episodes and a one-off holiday special.
“We knew the Spotify announcement was coming,” a source told the Mail on Sunday.
Harry wore a navy blue suit and tie over a white shirt – all by Dior by Kim Jones at the UN in July 2022
Meghan Markle arrived at the celebration of the 100th anniversary of the Royal Air Force in a beautiful black Dior dress
Meghan, 40, grabbed her friend and fellow activist Gloria Steinem’s hand as they left Crosby Hotel after a lunch last July. She was wearing Dior shorts
It may come as a shock to everyone, but we’ve been working on Meghan’s rebrand for weeks.
‘The offers are pouring in, also from 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 created together.”
But Bill Simmons, head of Podcast Innovation and Monetization at Spotify, labeled the pair “f***ing grifters.”
Meghan, Duchess of Sussex, in Dior at the 2018 centenary launch of Nelson Mandela
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 conducting an ‘ongoing review’ of its £80 million deal with the Sussexes.
Either way, the Duke and Duchess will need to find an income stream to continue funding their lavish lifestyle.
US public records show they bought their 16-bathroom Montecito mansion in 2020 for $14.65 million (£11.4 million) and had a $9.5 million (£7.4 million) mortgage at rest. On top of that there are annual property taxes of $141,403 (£113,000).
Their security costs are also estimated to be around £2 million a year, in addition to staff costs such as nannies, domestic help, gardeners and travel costs – including private jets.