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 reports a robust brand stance during post-pandemic market pressures, and acknowledging inventory challenges and competition in the bicycle market; the company relocated its Nottingham headquarters and carried out strategic changes after a 2023 review to set up Raleigh for recovery. Separately, media coverage points to ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, situating Raleigh within Accell's portfolio. The independent retailer remains vital to the industry as the market recovers, with leadership stating a restructured business for sustained growth.
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.comUS private equity firm KKR has bought Dutch bicycle company Accell Group
www.cyclingweekly.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
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