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 notes a solid brand image amid post-pandemic market pressures, while acknowledging inventory challenges and competition in the bicycle market; the company relocated its Nottingham headquarters and carried strategic changes after a 2023 review to position Raleigh for recovery. Separately, media coverage highlights ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, which underpins 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.comUS 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".
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
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