Join Today
Lights

Comments

Rapha is shutting down some of its clubhouses

Rapha is shutting down some of its clubhouses

CEO Fran Millar called the move a painful decision but the right call in the long term for the brand and customers.

Rapha

Rapha will shut down five of its signature clubhouses in 2026 in the latest retrenchment for the British apparel brand. Rapha has been under financial pressure for years and, according to financial filings has not made a profit since at least its sale to RZC Investments in 2017.

Rapha revenue dips 13% ahead of promise of turnaround
The British brand, under new leadership, announces cuts to product lineups and a new multiyear partnership with USA Cycling.

Did we do a good job with this story?