Queen Elizabeth II has not authorized Meghan Markle and Prince Harry to continue using the Sussex Royal brand, following the departure of their royal duties. The monarch’s decision could mean a multi-million dollar loss to the couple.
After extensive negotiations with the queen and with members of the British royal rank, Harry and Meghan will no longer be able to use the brand for any purpose, whether commercial or philanthropic.
“In many ways, given his decision to resign this was inevitable, but surely this must be a hard blow to the couple as they have invested everything in the brand Sussex Royal”, considered a source close to the case cited by The Daily Mail.
The couple’s website, as well as their popular Instagram account, has 11.2 million followers now, registered under the brand that they were now banned from using. His new charitable organization, which will be inaugurated this year, would also bear that name.
The couple had also registered Sussex Royal as a global trademark for a variety of items and activities. Although sources have always emphasized that this was done as a preventive measure to prevent the trademark from being registered by third parties. British tabloids say the brand could be worth billions of dollars.
A source quoted by Daily Mail said that if Harry and Meghan ” are not fulfilling their official duties and are looking for other business opportunities, they simply cannot be allowed to market themselves as royalty members.”
The title of Duke and Duchess of Sussex was granted to Harry and Meghan in May 2018 by Queen Elizabeth II on the occasion of their wedding.
This article was originally published in Sputnik
