Beckham 'planning to open model agency'

Victoria Beckham is reportedly planning to open a modelling agency in New York.

According to the Daily Mail, the former Spice Girl is working with her manager Simon Fuller on the plans.

Fuller, who owns 19 Entertainment, already has a 51% stake in the London agency Storm Models and is allegedly hoping to set up a similar company in America.

A source said: "Simon knows that Victoria is very savvy when it comes to fashion. Simon's first foray into fashion was to team up Roland Mouret and Victoria, which was a huge success. Victoria is a key asset to Simon and he wants her to take on a major role."

However, Beckham's spokesperson was reportedly quick to play down the plans.