Raleigh Director claims iconic manufacturer is in 'strong ...
British brand and parent company Accell Group suffer big losses as industry downturn continues post-COVID-19
www.cyclingnews.comThe Raleigh Bicycle Company states a robust brand stance during post-pandemic market pressures, and acknowledging inventory challenges and competition in the bicycle market; the company moved its Nottingham headquarters and carried strategic changes after a 2023 review to set up Raleigh for recovery. Separately, media coverage highlights ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, contextualizing Raleigh within Accell's portfolio. The independent retailer remains vital to the industry as market conditions stabilize, as leadership emphasizing a restructured business for recovery.
British brand and parent company Accell Group suffer big losses as industry downturn continues post-COVID-19
www.cyclingnews.comThe firm's directors say they expect the bicycle market will "remain competitive".
www.bbc.comThere has been much talk in the trade about the reshaping of Raleigh to fall in line with parent Accell's vision for business. Developing a household name in a
cyclingindustry.newsUS private equity firm KKR has bought Dutch bicycle company Accell Group
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