Raleigh Director claims iconic manufacturer is in 'strong position' despite suffering 30 million loss
Briefly

"The uplift in the market driven by COVID has seen some contraction and volumes have returned to pre-COVID levels. As a result, this has left the market in an overstocked position and we have experienced price pressures in the market place."
"The directors anticipate that the market place will continue to be very competitive during the coming year. Raleigh retains a solid competitive position with considerable brand strength, an independent bicycle dealer network and a strong presence on the high street."
Read at cyclingnews.com
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