Andy Murray-backed sportswear firm Castore in the red despite …
5 days ago · Castore shop at Junction 32 Shopping Outlet in Castleford. Castore, the British sportswear brand endorsed by Sir Andy Murray and the billionaire Issa brothers, has recorded a loss despite its revenue increasing by £75m. The company, headquartered in Manchester, disclosed a pre-tax loss of £28.8m for the year ending 4 February, 2024, in recent ...
Castore scores £950mn valuation after Raine-led funding round
Nov 29, 2023 · Castore has raised roughly £150mn from a trio of investors, boosting the British premium sportswear maker’s firepower as it looks to expand its brand on the global stage.
Castore announces £145 million investment from - Business Wire
Nov 29, 2023 · Castore, a leading premium performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, today announced i.
Castore announces £145 million investment from The Raine …
Nov 29, 2023 · NEW YORK & MANCHESTER, England, November 29, 2023 -- (BUSINESS WIRE)--Castore, a leading premium performance sportswear brand and technology-enabled, end-to-end digital platform for global sports...
Sportswear brand Castore gets into shape for $200m fundraising
Feb 11, 2023 · Castore, the British sportswear brand backed by Sir Andy Murray, is in talks with investors about a $200m fundraising as it intensifies its battle with global rivals Adidas and Nike.
The rise of Castore – ‘A speedboat in a market of oil tankers’
Mar 26, 2023 · It is the mark of Castore, a British sportswear brand that has soared rapidly to prominence as a successful disruptor of the kit supplier market traditionally dominated by three global giants:...
How the Issa brothers bankrolled Castore’s bid to challenge Nike …
Nov 18, 2023 · The billionaire co-owners of Asda first put money into Castore two years ago. Today, the Issas are Castore’s largest external investors – a position they could cement in the coming weeks...
What Everton’s new kit and stadium deal with Castore means for …
Jun 14, 2024 · Everton have announced a club-record agreement with Castore that will see the British sportswear brand become their kit manufacturer and the first founding partner of their new stadium.
Rangers settle multi-million dispute over Castore kit deal - BBC News
Aug 6, 2024 · Castore have a deal to produce and sell Rangers' kit until 2025. 6 August 2024. Rangers have settled a dispute with the administrators of a sportswear brand in a row over the Ibrox club’s kit....
Castore reports investment-driven loss, yet sales surge
5 days ago · Sportswear brand Castore has filed its financials for the year to 4 February 2024, during which time its emphasis on investments resulted in a loss, despite a significant surge in sales. Castore shifted from a profit of 11.7 million pounds in 2022/23 to a loss of 21.5 million pounds in 2023/24, a decline that largely comes as a result of ...