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Economy. Lapierre, Solex, Matra, Gitane, Peugeot, the French Bike at the Edge of the Abyss
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5 Articles
leprogres.fr+4 Reposted by 4 other sources
Sale year for the European cycle industry. The number one continental of the sector, the Dutch group Accell, was declared bankrupt on 11 August, causing in its fall iconic brands like Lapierre, Raleigh, Batavus or Babboe. At the same time, in Normandy, the Saint-Lô factory that assembles the electric bicycles Solex, Matra and other brands of the Rebirth group, faces a procedure of expulsion for unpaid rents, revealing the structural fragility of…
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