Job cuts and restructuring to take place at Raleigh Bikes as it deals with
a "challenging market"
The bike manufacturer is also shutting its Parts and Accessories division
and will be outsourcing warehousing and logistics to third-party
contractors
by ADWITIYA PAL
THU, NOV 09, 2023 13:54
British bicycle manufacturer Raleigh Bikes has announced a series of job
cuts and major restructuring plans, which include completely shutting down its Parts and Accessories department and contracting out its warehousing
and logistics to third-party, with the company saying that the move is reflecting a "challenging market".
There are also reports that the company, which currently operates out of
its Eastwood headquarters, is looking to move to a different location.
Raleigh's parent company Accell told ITV (link is external) that formal consultations for the restructuring, redundancies and move, were now underway.
A spokesperson from the company said: "To ensure Accell UK remains competitive in what is a challenging market, we have recently concluded a detailed review of the business, aimed at helping to position Accell for sustainable growth in the UK and internationally.
"Following the outcome of this review, we have developed a proposal to
better integrate Accell UK into the wider Accell Group business so it can benefit from existing resources, functions and expertise, while retaining
the Accell UK HQ in the Nottingham area.
"This will better position our operations for sustainable growth. Formal consultations on the proposal will begin immediately and we welcome input from all parties involved as we work closely with them during this process.
"We remain committed to supporting our staff should this proposal be
adopted and keeping them informed throughout the consultation process, as well as maintaining our service to our bike shop partners and customers."
Raleigh owner sold for €1.6 billion as private equity giant punts on future of e-bike market
Accell has reasserted the brand would still be based in Nottinghamshire, where it has been based ever since the Frenchman Paul Eugene Louis Angois
set up a small bicycle workshop in Raleigh Street, Nottingham in 1885.
It caught on the name Raleigh Cycle Company three years later, when Frank Bowden acquired it, and to this day is still operating under the same name, making it one of the oldest bike companies in the world.
However, it has not disclosed where its new HQ will be set up. It's also
not clear as to how many members of its staff will be laid off, but as of 2019, the firm employed 100 employees at the Eastwood assembly centre.
The company had moved to the Eastwood facility in the early 2000s, however
a few years ago had labelled the base as "outdated and inflexible" in the face of changing customer needs.
The business had moved to Eastwood from its Triumph Road factory in Lenton, which later became the University of Nottingham's Jubilee Campus. In the 1970s, Raleigh employed 13,000-plus people nationwide, including about
8,000 staff based on numerous sites on Triumph Road.
Back to the future: Raleigh relaunches iconic Chopper (again)
In 2018, its former head office in Nottingham became the 400,000th site to
be entered into Historic England’s National Heritage List.
In June this year, the historic company relaunched its iconic Raleigh Chopper, based on the Mk2 Chopper launched in 1972, and now arguably one of the most famous British bicycles of all time.
The new Chopper, a 'limited edition' and the product of four years of research by the bike brand, marked the first time Raleigh has relaunched
its most celebrated bike — since 2014. However, the company says that, unlike that model, they have tried to stay as close to the original Chopper this time as possible.
<https://road.cc/content/news/raleigh-announces-job-cuts-and-restructuring-305003>
On 11/11/2023 11:23 am, Spike wrote:
Job cuts and restructuring to take place at Raleigh Bikes as it deals with >> a "challenging market"
The bike manufacturer is also shutting its Parts and Accessories division
and will be outsourcing warehousing and logistics to third-party
contractors
by ADWITIYA PAL
THU, NOV 09, 2023 13:54
British bicycle manufacturer Raleigh Bikes has announced a series of job
cuts and major restructuring plans, which include completely shutting down >> its Parts and Accessories department and contracting out its warehousing
and logistics to third-party, with the company saying that the move is
reflecting a "challenging market".
There are also reports that the company, which currently operates out of
its Eastwood headquarters, is looking to move to a different location.
Raleigh's parent company Accell told ITV (link is external) that formal
consultations for the restructuring, redundancies and move, were now
underway.
A spokesperson from the company said: "To ensure Accell UK remains
competitive in what is a challenging market, we have recently concluded a
detailed review of the business, aimed at helping to position Accell for
sustainable growth in the UK and internationally.
"Following the outcome of this review, we have developed a proposal to
better integrate Accell UK into the wider Accell Group business so it can
benefit from existing resources, functions and expertise, while retaining
the Accell UK HQ in the Nottingham area.
"This will better position our operations for sustainable growth. Formal
consultations on the proposal will begin immediately and we welcome input
from all parties involved as we work closely with them during this process. >>
"We remain committed to supporting our staff should this proposal be
adopted and keeping them informed throughout the consultation process, as
well as maintaining our service to our bike shop partners and customers."
Raleigh owner sold for €1.6 billion as private equity giant punts on future
of e-bike market
Accell has reasserted the brand would still be based in Nottinghamshire,
where it has been based ever since the Frenchman Paul Eugene Louis Angois
set up a small bicycle workshop in Raleigh Street, Nottingham in 1885.
It caught on the name Raleigh Cycle Company three years later, when Frank
Bowden acquired it, and to this day is still operating under the same name, >> making it one of the oldest bike companies in the world.
However, it has not disclosed where its new HQ will be set up. It's also
not clear as to how many members of its staff will be laid off, but as of
2019, the firm employed 100 employees at the Eastwood assembly centre.
The company had moved to the Eastwood facility in the early 2000s, however >> a few years ago had labelled the base as "outdated and inflexible" in the
face of changing customer needs.
The business had moved to Eastwood from its Triumph Road factory in Lenton, >> which later became the University of Nottingham's Jubilee Campus. In the
1970s, Raleigh employed 13,000-plus people nationwide, including about
8,000 staff based on numerous sites on Triumph Road.
Back to the future: Raleigh relaunches iconic Chopper (again)
In 2018, its former head office in Nottingham became the 400,000th site to >> be entered into Historic England’s National Heritage List.
In June this year, the historic company relaunched its iconic Raleigh
Chopper, based on the Mk2 Chopper launched in 1972, and now arguably one of >> the most famous British bicycles of all time.
The new Chopper, a 'limited edition' and the product of four years of
research by the bike brand, marked the first time Raleigh has relaunched
its most celebrated bike — since 2014. However, the company says that,
unlike that model, they have tried to stay as close to the original Chopper >> this time as possible.
<https://road.cc/content/news/raleigh-announces-job-cuts-and-restructuring-305003>
I understood that all their chav-bikes were now made in China (or
somewhere similar).
Saturday Night And Sunday Morning...
JNugent <[email protected]> wrote:
<https://road.cc/content/news/raleigh-announces-job-cuts-and-restructuring-305003>
I understood that all their chav-bikes were now made in China (or somewhere similar).
Saturday Night And Sunday Morning...
Quite!
Spike <[email protected]d> wrote:
JNugent <[email protected]> wrote:
<https://road.cc/content/news/raleigh-announces-job-cuts-and-restructuring-305003>
I understood that all their chav-bikes were now made in China (or somewhere similar).
Saturday Night And Sunday Morning...
Quite!
I expect that road.cc staff are too young and tender to have seen the film, even though it features cycle manufacture at Raleigh.
Job cuts and restructuring to take place at Raleigh Bikes as it deals with
a "challenging market"
The bike manufacturer is also shutting its Parts and Accessories division
and will be outsourcing warehousing and logistics to third-party
contractors
by ADWITIYA PAL
THU, NOV 09, 2023 13:54
British bicycle manufacturer Raleigh Bikes has announced a series of job
cuts and major restructuring plans, which include completely shutting down its Parts and Accessories department and contracting out its warehousing
and logistics to third-party, with the company saying that the move is reflecting a "challenging market".
There are also reports that the company, which currently operates out of
its Eastwood headquarters, is looking to move to a different location.
Raleigh's parent company Accell told ITV (link is external) that formal consultations for the restructuring, redundancies and move, were now underway.
A spokesperson from the company said: "To ensure Accell UK remains competitive in what is a challenging market, we have recently concluded a detailed review of the business, aimed at helping to position Accell for sustainable growth in the UK and internationally.
"Following the outcome of this review, we have developed a proposal to
better integrate Accell UK into the wider Accell Group business so it can benefit from existing resources, functions and expertise, while retaining
the Accell UK HQ in the Nottingham area.
"This will better position our operations for sustainable growth. Formal consultations on the proposal will begin immediately and we welcome input from all parties involved as we work closely with them during this process.
"We remain committed to supporting our staff should this proposal be
adopted and keeping them informed throughout the consultation process, as well as maintaining our service to our bike shop partners and customers."
Raleigh owner sold for €1.6 billion as private equity giant punts on future of e-bike market
Accell has reasserted the brand would still be based in Nottinghamshire, where it has been based ever since the Frenchman Paul Eugene Louis Angois
set up a small bicycle workshop in Raleigh Street, Nottingham in 1885.
It caught on the name Raleigh Cycle Company three years later, when Frank Bowden acquired it, and to this day is still operating under the same name, making it one of the oldest bike companies in the world.
However, it has not disclosed where its new HQ will be set up. It's also
not clear as to how many members of its staff will be laid off, but as of 2019, the firm employed 100 employees at the Eastwood assembly centre.
The company had moved to the Eastwood facility in the early 2000s, however
a few years ago had labelled the base as "outdated and inflexible" in the face of changing customer needs.
The business had moved to Eastwood from its Triumph Road factory in Lenton, which later became the University of Nottingham's Jubilee Campus. In the 1970s, Raleigh employed 13,000-plus people nationwide, including about
8,000 staff based on numerous sites on Triumph Road.
Back to the future: Raleigh relaunches iconic Chopper (again)
In 2018, its former head office in Nottingham became the 400,000th site to
be entered into Historic England’s National Heritage List.
In June this year, the historic company relaunched its iconic Raleigh Chopper, based on the Mk2 Chopper launched in 1972, and now arguably one of the most famous British bicycles of all time.
The new Chopper, a 'limited edition' and the product of four years of research by the bike brand, marked the first time Raleigh has relaunched
its most celebrated bike — since 2014. However, the company says that, unlike that model, they have tried to stay as close to the original Chopper this time as possible.
<https://road.cc/content/news/raleigh-announces-job-cuts-and-restructuring-305003>
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