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.comRaleigh reports a strong brand position amid post-pandemic market pressures, and acknowledging inventory challenges and competition in the bicycle market; the company moved its Nottingham headquarters and carried out strategic changes after a 2023 review to position Raleigh for recovery. Separately, media coverage points to ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, which underpins Raleigh within Accell's portfolio. Retailers remain essential to the bicycle market as market conditions stabilize, with leadership highlighting a reorganized company for sustained growth.
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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