Raleigh’s collapse proves that even iconic brands can’t rely on nostalgia alone

Raleigh’s collapse proves that even iconic brands can’t rely on nostalgia alone

I got my first Raleigh Chopper in 1976, the Christmas I turned six. If I close my eyes, I can remember the smell of the tyres and the way that long banana seat felt impossibly grown-up to sit on.

For a child growing up in that era, a Chopper wasn’t just a bike; it was a status symbol, proof that you were no longer just “a little kid”. In the playground, we were obsessed with whose was faster, whose had the better gears, whose parents had splashed out for a new one rather than going second- or third-hand.