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 strong brand position amid post-pandemic market pressures, with acknowledgment of 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 points to 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 stating a reshaped operation to sustain growth.
British brand and parent company Accell Group suffer big losses as industry downturn continues post-COVID-19
www.cyclingnews.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
www.cyclingweekly.comThe firm's directors say they expect the bicycle market will "remain competitive".
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