A similar fate befell Raleigh in the UK. They were the stalwart of the British cycle industry, the fond childhood memory of several generations. Like Schwinn, i

A similar fate befell Raleigh in the UK. They were the stalwart of the British cycle industry, the fond childhood memory of several generations. Like Schwinn, it was a combination of poor industrial relations, overseas competition and management complacency that brought them down. https://en.wikipedia.org/wiki/Raleigh_Bicycle_Company https://en.wikipedia.org/wiki/Raleigh_Bicycle_Company