Raleigh’s parent company starts insolvency proceedings

The company that owns iconic Nottingham bike manufacturer Raleigh has begun insolvency proceedings. Accell, based in the Netherlands, bought Raleigh for $100m in 2012 but said on Wednesday it had “exhausted all the available options” and was “no longer able to meet its financial obligations”. It comes after a difficult period for Raleigh, which saw…

Raleigh’s parent company starts insolvency proceedings

The company that owns iconic Nottingham bike manufacturer Raleigh has begun insolvency proceedings. Accell, based in the Netherlands, bought Raleigh for $100m in 2012 but said on Wednesday it had “exhausted all the available options” and was “no longer able to meet its financial obligations”. It comes after a difficult period for Raleigh, which saw…

What led to Salad and Go’s downfall

Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. On Aug. 4, Salad and Go filed for bankruptcy protection and closed all of its remaining 70 restaurants. Dutch Bros will buy the real estate and related assets of 65 Salad and Go locations in Arizona, Nevada,…

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