Raleigh owner Accell Group enters administrationAccell UK and Ireland filed a notice of intention to appoint administrators last week as the wider group kick-started insolvency proceedings. Now, Accell UK and Ireland has officially entered administration, placing the future of Raleigh at risk. Major high street brands LK Bennett, Claire's, and Quiz have been forced to close all their remaining stores after falling into administration. It hasn't all been bad news for the UK high street, with several major brands announcing new store openings for 2026, including Aldi, M&S, and Superdrug. Meanwhile, brands including Evans and Bodycare have returned to the UK high street this year after previously closing all their stores.