Product news: Walmart grandchildren buy Rapha
Market: The US company RZC Investments has owned Rapha since yesterday. The company, owned by Steuart and Tom Walton, the grandsons of Walmart founder Sam Walton, put an estimated 200 million pounds (approximately 220 million euros) on the table for the British clothing manufacturer. The Walton brothers are big cycling fans and want to stay in the... read more
