Categories: News

Alan Finden-Crofts reckons he’s VERY upbeat about future prospects

Alan Finden-Crofts, now the president of Raleigh Cycle Ltd. wrote to BicycleBusiness:

"Further to your November issue of BicycleBusiness, Raleigh Cycle are most optimistic concerning the future of the world-wide bicycle industry.

"What can be stronger evidence than management actually buying leading bicycle companies in the UK, Germany and North America: putting their money where their mouth is. Although our sales in November were below last year in the UK and Germany, our sales in America were 118 percent of last year, and our orders in the UK were 120 percent of last year, in Germany 159 percent and in America 119 percent."

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