$261M worth of pedal power | Rapha
Money

Rapha’s buyout by Walmart heirs marks the first M&A deal for an activewear brand in the modern luxury category.

Rapha’s $261M purchase by Walmart heirs Steuart and Tom Walton puts an end to an ‘on again, off again’ sale saga that stretched across nine long months.

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Rapha, soon to be sold to the highest bidder | Google
Money

The Rapha race: At least two bids have been tabled, valuing the brand at $261M.

Louis Vuitton may have backed out of the running, but the race to buy Rapha is still very much on.

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Vifa's minimalist wireless speaker comes in Swedish yellow | Vifa
Emerging Markets

Market briefing: Breaking down the Scandinavian modern luxury economy.

Fleshing out a key modern luxury market. Scandinavia’s minimalist heritage is a core aesthetic tenant of the modern luxury space, and the crop of brands that the region’s producing, while small in number, is of superb quality. (1,091 words)

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“Don’t underestimate Walmart and other ‘corporate beasts’ like it.” | Dumbo Feather
People

Tyler Brûlé’s retail projections: Bullish on Walmart, bearish on Farfetch.

On the back of Walmart’s aggressive e-commerce acquisition spree, and Farfetch’s newfangled Store of the Future concept, we spoke with the Monocle man about why US and European retail is failing, how it can be fixed, and why the Japanese still to get it right. (1,267 words)

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Glam meets tech | Farfetch
Business

Farfetch’s Store of the Future: A strategic hedge against the e-commerce plateau.

Farfetch’s Store of the Future concept set off a bevy of mentions, analyses, and reactions. We’ve poured through the Business of Fashion, Quartz, and the New York Times to put the idea into context. (1,156 words)

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Bright lights of Basel | Hodinkee
Affairs

The real problems with the Swiss watch industry, as explained by the Economist.

On the back of the Baselworld watch expo late last month, here’s a quick rundown of the problems plaguing the watch sector — and what it’s doing to fix things — just to make the narrative a little more clearer for you. (400 words)

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Serious implications for EU nationals like Trunk Clothier's Mats Kling, left | Begg & Co.
Affairs

Come what May: With Brexit now triggered, UK’s modern luxury CEOs discuss the early impact.

For most, it’s actually been great for the bottom line. But there have been workforce and supply chain issues––not to mention serious personal implications for CEOs who are EU nationals. (1,057 words)

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New competition for Forerunner Venture's Kirsten Green (center left) | GigaOm
Business

Attention early-stage brands: There’s a new VC firm you need to know about.

Last week, Natalie Massenet’s long awaited (and long rumored) VC fund was all but officially confirmed. Here’s what you need to know. (473 words)

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Deal could be off. Here's why | Rapha
Business

What’s holding the Rapha deal back?

We’re hearing that LVMH’s pursuit of Rapha is has cooled. And one big thing seems to be holding back the deal. (492 words)

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Breaking a sweat at Migros Fitnesspark Puls | Monocle
Affairs

Brilliant: There’s a Swiss grocery chain moonlighting as a gym.

Tomatoes and treadmills don’t appear to be a natural mix, but one Swiss grocer has perfected the recipe. (277 words)

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