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The popular British cycling brand reports its seventh consecutive year of losses, pointing to post-pandemic market turbulence and costly warehouse closures. Rapha’s $29.5 Million Loss Highlights ...
The Rapha Foundation was created in 2019 by Rapha co-founder Simon Mottram and shareholders Tom and Steuart Walton to fund various non-profit cycling organizations, and to introduce cycling to a wider audience. It provides $1.5 million a year in funding, and supports non-profits in the UK, United States, Germany, Australia and Japan.
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy. [2]
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Shortly after declaring bankruptcy and closing a significant portion of its stores, the company is launching massive closeout sales and preparing to potentially go out of business.
This is the best deal you'll see on this high-end piece of gym equipment until next year, so snag it while it's on sale. $1,745 at Hydrow Amazon : Get TVs under $100 and headphones less than $20
Ankhi Das, Facebook's policy director for India and South and Central Asia, apologized publicly in August 2020 for sharing a Facebook post that called Muslims in India a "degenerate community". She said she shared the post "to reflect my deep belief in celebrating feminism and civic participation". [ 386 ]
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