British cycling clothing brand Rapha has recorded financial losses for the eighth year in a row, but there is no cause for alarm bells, CEO Fran Millar has stressed.
The company’s financial results for 2024, presented to select media including Cycling Weekly earlier this month, are set to be published this week, detailing an operating loss of £17.2m. This is a slight improvement on the previous year, when the operating loss totalled £21.2m.
