All Castore articles – Page 2
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News briefsCastore and Reiss launch activewear collection
Castore and UK fashion retailer Reiss have unveiled a new collaborative collection, introducing a hybrid lifestyle sportswear line. According to Alex McCart, Head of Menswear Buying at Reiss, the new collection goes beyond traditional athleisure by “combining our design principles with Castore’s technical fabrications to create the ultimate activewear collection.” ...
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News briefsAdidas to replace Castore as Aston Villa’s kit supplier
Adidas will take over from British sportswear brand Castore as kit manufacturer of Premier League team Aston Villa from the start of next season, as The Telegraph reported. In October, the club’s players had complained about Castore’s jerseys retaining sweat and affecting performance. The new agreement with Adidas, reportedly “long-term” ...
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News briefsCastore names former JD Sports exec as investment director
British sportswear brand Castore has appointed Stuart Puddy as its new Investment Director. Prior to joining Castore, Puddy spent seven years at JD Sports, where he served most recently as Head of Mergers and Acquisitions (M&A). On LinkedIn, Puddy commented: “Delighted to be starting my new role as Investment Director ...
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News briefsCastore secures £145 million investment
British sportswear brand Castore has announced that it has secured growth investment in a funding round led by Raine Partners, the equity arm of The Raine Group. Hanaco Ventures and Felix Capital also participated in the investment through their respective growth funds. The £145 million (€169m) investment will allow Castore ...
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News briefsAston Villa might terminate its partnership with Castore
Aston Villa is looking into options to cut its partnership with kit supplier Castore short, according to reports by The Telegraph, after players complained about the sportswear brand’s jerseys retaining sweat and affecting performance. Aston Villa and Castore debuted their partnership in the 2022/23 season when Castore succeeded Kappa as ...
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News briefsCastore is Britain’s second fastest-growing company, according to the Sunday Times
Castore, the sportswear brand backed by tennis star Andy Murray, has been named the second fastest-growing private company in Britain, according to The Sunday Times Hundred 2023 rankings. Recruitment firm Join Talent tops the list. Castore experienced annual sales growth over three years of 285.8 percent, according to the figures ...
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News briefsCastore agrees its first deal with a national football team
British sportswear brand Castore is the new kit manufacturer of the Football Association of Ireland (FAI). The multi-year agreement will run from this month until 2028, with the new home kit revealed on March 20. Castore is replacing Umbro, whose contract with the FAI was actually due to expire in ...
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News briefsCastore is reportedly in talks for $200m fundraising
Castore, the Manchester-based sportswear brand backed by Andy Murray, is reportedly in talks with investors about a $200 million round of fundraising to support its expansion, according to a report by Sky News. The company has begun initial talks with prospective investors ahead of a formal process later this year, ...
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News briefsCastore and Feyenoord Rotterdam announce kit and retail deal
Castore is making its debut on the Dutch football market. The British sportswear brand has announced a multi-year kit and retail partnership with Feyenoord Rotterdam, becoming the club’s official kit and retail partner from the 2023/24 season onwards. Feyenoord Rotterdam competes in the Eredivisie, the top tier in Dutch football. ...
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News briefsCastore inks partnership with F1 team Oracle Red Bull Racing
British sportswear brand Castore has announced a new long-term partnership with the Oracle Red Bull Racing Formula 1 team. The deal will see Castore supply the team with apparel from the start of the 2023 Formula 1 season. In addition, Castore branding will feature on team apparel and the race ...
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News briefsCastore secures £50 million debt facility
Sportspromedia reports that Castore has secured a new £50 million (€58.2 million) revolving credit facility (RCF). This would increase the value of the British sportswear brand to £750 million (€872 million). The RCF has an initial term of three years and includes banks HSBC, BNP Paribas and Silicon Valley Bank. ...
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News briefsCastore signs with Genoa its first kit deal in Italian football
British sportswear brand Castore and Genoa Cricket and Football Club (Genoa) have announced a new multi-year partnership beginning with the 2022/23 season. The deal will see Castore become the Italian club’s official kit and retail partner. The brand will provide bespoke designs for the club’s match and training kits across ...
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News briefsCastore signs new debt financing facility
Manchester-based sportswear brand Castore, founded in 2016 by Tom and Phil Beahon and backed by two-time Wimbledon champion Andy Murray and billionaires Mohsin and Zuber Issa, has secured a new financial boost, BusinessLive reports. The U.K. news service wrote that the company has signed a financing facility with the financial ...
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News briefs
Castore replaces Canterbury as sponsor of USA Rugby
Castore has signed a six-year partnership with USA Rugby, taking the place of Canterbury, which had succeeded Adidas in the role. Acting as the American rugby union body’s official apparel partner, the English company will provide sportswear and playing kits for its men’s, women’s and junior teams, starting in the ...
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News briefs
Castore moves into cricket, eyes a possible IPO
Castore, which is said to be planning to go public in 2022, has replaced New Balance as sponsor of the England & Wales Cricket Board (ECB). By the terms of the deal, worth some £25 million (€29m-$35m), the British sportswear producer will be supplying all ECB teams – men’s, women’s, ...
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News briefs
Castore partners with Coral Eyewear “performance-based lifestyle” sunglasses made with Econyl
Castore and Coral Eyewear have formed a new partnership and product collaboration, designed to enable both brands to expand their use of recycled materials. Through the collaboration, the companies have unveiled the Castore x Coral sunglasses, which are created with regenerated ocean waste. The sunglasses are made with Econyl regenerated ...
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News briefs
Castore partners with Newcastle United
Castore has agreed on a new multi-year deal with Newcastle United as the new kit partner of the Premier League club. The British sportswear brand will replace Puma in this role from the 2021/22 season. As part of the agreement, Castore will also take over the club’s retail operations. This ...
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News briefs
Castore partners with the Bahrain Victorious cycling team
Team Bahrain Victorious has announced a multi-year partnership agreement with Castore as the official team sportswear partner. Castore’s performance range will be used by members of the cycling team during their training program, including pilates, yoga, running, strength and conditioning workouts, as activity off the bike to improve performance becomes ...
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News briefs
Castore secures kit deal with the Wolverhampton Wanderers
Starting from the 2021/22 season, Castore will replace Adidas as the kit partner of the Wolverhampton Wanderers, commonly known as the Wolves. For the young British sportswear brand, this is the first contract with a member of the English Premier League. The financial details of the new multi-year agreement have ...
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News briefs
Castore will move its HQ from Liverpool to Manchester
Castore will relocate its headquarters from Liverpool to 1 Central Street, part of The Albert Estate, in Manchester ’s city center, later this year. The growing British sportswear brand has signed a lease to occupy a 22,100-square-foot space within the building, spanning across five floors. OBI advised on the ...
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