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by Mark Zalewski
November 30, 2016
In today’s CyclingTips Daily News Digest: Jack Bobridge forced into early retirement; More reactions to team size reduction plan; Roland Liboton: ‘Wout van Aert should be worried’; FDJ moving forward with women’s programme addition; Tour de France to race on Tro-Bro Léon roads in 2018?; Ghent-Wevelgem retires bib 192 for Antoine Demoitié; Louis Vuitton in talks to buy Rapha; Descending the Stelvio with no handlebars or brakes; Police seize $100k of bikes in Gold Coast town; ‘Tour de Celeb’ cycling reality TV show kicks-off; Video: Behind the scenes of Roadtripping Bali; Revolution Cycling Champions League Manchester highlights; Emu attacks cyclist.
Luxury goods group LVMH, owners of the Louis Vuitton brand, is reportedly in talks to buy high-end cycling gear company Rapha. This comes after news that it was looking into buying Italian bicycle maker Pinarello.
Rapha was founded in 2004 and is known for its high-end clothing that commands top dollar prices.
It has since moved into other cycling gear, such as shoes, and has opened several cycling ‘clubs’ around the world.
In addition to the Louis Vuitton brand the company owns other high-end names such as Moet & Chandon, Christian Dior and Bulgari.
Both firms declined to comment but a source confirmed the talks were ongoing.
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