Perdita
02-05-2009, 05:55
MYLEENE Klass’ £1million Marks & Spencer modelling deal has been slashed by a quarter.
The telly presenter’s pay was cut to £750,000 as the firm struggles to control costs in the recession.
M&S is keeping only Myleene, 31, and Twiggy, 59, on exclusive deals, The Sun can reveal.
A source close to Myleene said: “She is absolutely fine with the pay cut because — like the rest of the country — she accepts that everyone gets less money.
“It is a great endorsement that she has signed up. The days of million pound deals are going out of the window.”
Other stars of the M&S adverts, including Erin O’Connor, Elizabeth Jagger, Noemie Lenoir and Lily Cole, fell to cost-cutting measures.
An M&S spokeswoman said last night: “We have an ongoing relationship with them but they have not currently been signed up for anything.”
The firm’s pre-tax profits fell a third in the six months to last September.
The telly presenter’s pay was cut to £750,000 as the firm struggles to control costs in the recession.
M&S is keeping only Myleene, 31, and Twiggy, 59, on exclusive deals, The Sun can reveal.
A source close to Myleene said: “She is absolutely fine with the pay cut because — like the rest of the country — she accepts that everyone gets less money.
“It is a great endorsement that she has signed up. The days of million pound deals are going out of the window.”
Other stars of the M&S adverts, including Erin O’Connor, Elizabeth Jagger, Noemie Lenoir and Lily Cole, fell to cost-cutting measures.
An M&S spokeswoman said last night: “We have an ongoing relationship with them but they have not currently been signed up for anything.”
The firm’s pre-tax profits fell a third in the six months to last September.