Raleigh bike brand faces chop after owner begins insolvency proceedings

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NEWSDECK ANALYSIS

The Guardian and BBC are reporting similarly on the potential demise of the Raleigh bike brand, with both outlets stating that owner Accell Group has begun insolvency proceedings after failing to find a buyer. The tone of the coverage is neutral, with both sources presenting the facts of the situation. The Guardian provides slightly more detail, including the fact that Accell Group has called in administrators, while the BBC notes the length of time Accell has owned the brand. Overall, the coverage broadly agrees on the key points of the story.

This story is currently only covered by 2 sources from a limited part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.

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Raleigh bike brand faces chop after owner begins insolvency proceedings

Fate of historic bicycle name in hands of administrators after Netherlands-based Accell Group fails to find buyer The bicycle company that owns the historic Raleigh brand has started insolvency proceedings after failing to find a buyer. The Netherlands-based Accell Group said on Wednesday it had called in administrators after it failed to find a viable solution to continue its operations in their current form. Conti…