27 Nov '16, 1pm

Louis Vuitton owner reportedly in talks to buy Rapha #cycling

Louis Vuitton owner reportedly in talks to buy Rapha #cycling

Luxury goods powerhouse LVMH, which was recently linked with Italian bike manufacturer Pinarello, is reportedly in talks to buy upmarket British cycling clothing brand, Rapha, according to the Mail on Sunday . The London-based business, which has supplied Team Sky for the past three seasons but will no longer do so in 2017, was founded in 2004 by Simon Mottram, whose background is in brand consultancy. Helped by the boom in road cycling over the past decade or so in the UK and elsewhere – the US, Australia and Japan are all significant markets for Rapha – the company achieved turnover of £48.8 million in the year to 31 January 2016, with pre-tax profit of £.1 million. The Mail on Sunday says that while a source confirmed the two parties were in talks, neither LVMH nor Rapha would comment. Paris-based LVMH, owner of brands including Louis Vuitton, Moet & Chandon, Marc Jacob...

Full article: http://road.cc/content/news/212758-louis-vuitton-owner-lv...

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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...

Luxury goods giant LVMH in talks to buy Rapha h...

thisismoney.co.uk 27 Nov '16, 12pm

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

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