27 Nov '16, 12pm

Luxury goods giant LVMH in talks to buy Rapha h/t @dbrabyn

Luxury goods group LVMH is in talks to buy the trendy cyclewear company Rapha as part of a move into the sports and leisure sectors. Rapha, founded in 2004 by cycling enthusiast Simon Mottram, is known for high-performance gear and premium prices. The company supplies Team Sky – the professional British cycling team which includes three-time Tour de France winner Chris Froome. Bespoke: Chris Froome's Tour de France cycling kit is made by Rapha Its latest accounts for the year to January 31, 2016, show Rapha made a pre-tax profit of £1.1 million on a turnover of £48.8 million. LVMH, which had a turnover of €35.7billion (£30.4billion) last year, owns more than 70 luxury brands covering everything from fashion and retailing to cosmetics, wines and spirits. RELATED ARTICLES Previous 1 Next Pennon posts solid rise in profits and dividend thanks to... TRADER TIPS: City insiders ...

Full article: http://www.thisismoney.co.uk/money/markets/article-397414...

Tweets

Louis Vuitton in talks to buy trendy cycling ge...

dailymail.co.uk 27 Nov '16, 5pm

Luxury goods group LVMH is in talks to buy the trendy cyclewear company Rapha as part of a move into the sports and leisur...

Louis Vuitton owner reportedly in talks to buy Rapha #cycling

Louis Vuitton owner reportedly in talks to buy ...

road.cc 27 Nov '16, 1pm

Luxury goods powerhouse LVMH, which was recently linked with Italian bike manufacturer Pinarello, is reportedly in talks t...

Louis Vuitton parent company LVMH in talks to acquire Rapha

Louis Vuitton parent company LVMH in talks to a...

cyclingmagazine.ca 27 Nov '16, 5pm

Multinational luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton SE are reportedly in talks to buy British upscale...

Preparations in Top Gear Ahead of Zahra Buhari’...

signalng.com 29 Nov '16, 9am

Her post read, “I met this young girl many years ago and I was smitten by her cheekiness. Only years later down the line s...

Just bogged: GoDaddy in talks to buy massive re...

domainincite.com 25 Nov '16, 2pm

GoDaddy in talks to buy massive registrar Host Europe – report Amazon backtracks after pricing free Alexa list at over $90...

Pinarello sold to private equity firm part owne...

road.cc 06 Dec '16, 4pm

Villorba, Treviso (ITALY), 6th December 2016 – Pinarello, leading brand of premium road bicycles, parts and accessories, a...

Where to buy the best Christmas ham for under $70 in Singapore

Where to buy the best Christmas ham for under $...

herworldplus.com 30 Nov '16, 10am

If Christmas turkey is the queen of the table, then ham is the porcine princess of the jolly season. Ham is a common food ...

LOUIS VUITTON, DIOR, MOËT… ¿Y AHORA RAPHA Y PINARELLO? EL LUJO SE FIJA EN EL CICLISMO. @esmtb https://t.co/HPx7xQdxpQ

LOUIS VUITTON, DIOR, MOËT… ¿Y AHORA RAPHA Y PIN...

esmtb.com 28 Nov '16, 7am

Desde hace tiempo que se dice que el ciclismo es el nuevo golf. Que se ha convertido en un punto de atracción para un sect...

Louis Vuitton Introduces Fragrances for the Fir...

thefashionlaw.com 27 Nov '16, 8am

Louis Vuitton has launched its first perfume range since the founding merger of its parent LVMH in 1987, targeting middle-...