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 solid brand image amid post-pandemic market pressures, while acknowledging inventory challenges and competition in the bicycle market; the company shifted its Nottingham headquarters and carried out strategic changes after a 2023 review aimed at recovery as demand normalizes. Separately, media coverage notes ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, situating Raleigh within Accell's portfolio. Independent retailers continue to be key to cycling as the market recovers, as leadership emphasizing a reorganized company for recovery.
British brand and parent company Accell Group suffer big losses as industry downturn continues post-COVID-19
www.cyclingnews.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
cyclingindustry.newsThe firm's directors say they expect the bicycle market will "remain competitive".
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