Rapha posts £12m loss marking six years in the red

Clothing brand also reveals fall in turnover in latest company accounts

Rapha's new collection includes a long sleeve insulated Brevet jersey with Gore-Tex technology
(Image credit: Rapha)

British cycling clothing brand Rapha has recorded financial losses for the sixth year in a row. 

In the latest accounts, held under Carpegna Ltd and covering the year to 29 January 2023, the company posted a pre-tax loss of £12million ($14.6million). 

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